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Foxconn To Double Workforce And Investment In India By Next Year

Taiwanese electronics major Foxconn aims to double its workforce and investment in India by next year, a company representative based in India said on Sunday. “Under your leadership, Foxconn has grown smoothly and rapidly in India. We will work even harder to present you with a greater birthday gift next year, aiming for another doubling […]

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Foxconn Sees Potential In India, Eyes Investment of Several Billion Dollars

Foxconn sees potential in India, the Taiwanese major is reportedly in talks for its willingness to invest “several billion dollars” in India, to diversify its manufacturing away from China, according to a media report on Wednesday. The investment plan was underlined by the Hon Hai Technology Group (Foxconn) Chairman and CEO Young Liu during the […]

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Foxconn To Invest $400 Mn More In Telangana

According to a post on social media by V Lee, a representative of Foxconn India, the board of directors of FIT Hon Teng (Foxconn) have approved the investment of USD 400 million in Telangana. It may be recalled that the Taiwanese contract manufacturer is the largest supplier to Apple. Posting the company’s disclosure on his […]

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Foxconn To Set Up New Mobile Components Manufacturing Facility In Tamil Nadu

Hon Hai Technology Group (or Foxconn) signed a Letter of Intent to set up a new mobile components manufacturing facility at a cost of Rs 1,600 crore in Kanchipuram district in the presence of Tamil Nadu Chief Minister MK Stalin on Monday. Giving this information, Tamil Nadu Industries Minister TRB Rajaa said in a tweet […]

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IPhone Manufacturer Foxconn Purchases Land In Bengaluru For $13 Million

Taiwanese manufacturing giant Foxconn has purchased a huge plot of land on the northern outskirts of Bangalore, according to a filing on Tuesday, as it works on diversifying production out of China. Foxconn is one of the biggest contact electronic manufacturers in the world; it is also a key assembler of Apple’s iPhones. Following not […]

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