Advertisements Taiwan-based Apple phone maker, Foxconn intend to double its investment and workforce in India within the next 12 months. The proposal came through V. Lee’s recent Linkedin post on the occasion of PM Modi’s birthday on September 17. In… Read More ›
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Foxconn Likely To Establish EV Plant In Tamil Nadu
Advertisements Foxconn, a leading electronics contract manufacturer, is exploring the possibility of establishing an electric vehicle (EV) manufacturing facility in India, with Tamil Nadu being considered as a potential location for the plant. Young Liu, the chairman and CEO of… Read More ›
Apple Supplier Foxconn Approves Investment Worth $400mn In Telangana
Advertisements Foxconn, Apple’s biggest supplier, has approved an investment of USD 400 million in Telangana. The investment is in addition to the USD 150 million that Foxconn had already committed to invest in the state. The new investment will be… Read More ›
Foxconn’s Subsidiary Denies Rs1,600cr Investment Deal Claim With Tamil Nadu
Advertisements Foxconn’s subsidiary, Foxconn Industrial Internet (FII), has denied signing any agreement to invest Rs 1,600 crore (USD 194.6 million) in Tamil Nadu, India. The denial came in response to an announcement made by the government of the southern Indian state… Read More ›
Maha Beats 5 States To Get Vedanta-Foxconn’s INR 2.06L Cr Investment In Electronics
Advertisements Maharashtra has beaten at least 5 states to win a stupendous Rs 2.06 lakh-crore investment by Vedanta Group-Foxconn partnership in the sunrise semiconductors chips and display fabrications sector in Pune, officials said here on Tuesday. The deal, the single… Read More ›