Search
Foxconn Invests $1.5 Billion in India to Establish Manufacturing Hub, Speeding Up Apple's Capacity Relocation
2025-05-19 /
Read about 0 minute
Author：小编
According to stock exchange filings, Foxconn has injected approximately $1.5 billion (equivalent to roughly 37 billion Indian rupees) into India, partnering with the nation's IT powerhouse, HCL Group, to construct a semiconductor facility. This ambitious project, recently granted the green light by the Indian Cabinet, is projected to commence operations in 2027. Initially, it will concentrate on semiconductor assembly and testing, with a subsequent phase envisaging an upgrade to chip manufacturing. This strategic move underscores an intensified push by Apple to relocate iPhone production away from China. Nevertheless, the comprehensive investment figure and detailed specifics necessitate further confirmation.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
