Taiwanese electronics giant Hon Hai Precision Industry Co., commonly known as Foxconn, has unveiled plans for a significant expansion in India with a whopping investment of NT$50 billion ($1.6 billion). The announcement, made via an exchange filing in Taiwan, lacked specific details, citing the Continue Reading
Rajeev Chandrasekhar, the Union Minister, and Basavaraj Bommai, the Chief Minister, announced today that Apple phones would be produced at a new 300-acre factory in Karnataka. One lakh people will have jobs thanks to the manufacturing facility, they claimed. On the outskirts of Bengaluru, Foxconn, the top producer of iPhones, has been given land. According […]Continue Reading