2023-03-03
Apple Inc. partner Foxconn Technology Group plans to invest about $700 million on a new plant in India to ramp up local production, underscoring an accelerating shift of manufacturing away from China as Washington-Beijing tensions grow. https://www.bloomberg.com/...
Bloomberg
Sources: Foxconn plans to invest ~$700M on a new plant to make iPhone parts on a 300-acre site in Bengaluru, India; the plant is expected to create 100K jobs
Apple Inc. partner Foxconn Technology Group plans to invest about $700 million on a new plant in India to ramp up local production …