India iPhone production will be boosted by $1.5B Foxconn investment
Monday, 19 May 2025 () Foxconn has made a $1.5 billion investment into its India arm, a move that will almost certainly fund its expansion of iPhone production in the country.
A Foxconn factory sign
India is growing as a production base for iPhones, as Apple diversifies its supply chain away from a China-centric model. Expanding in India requires resources, and one supply chain member is contributing more.
Hon Hai, also known as Foxconn, is investing $1.5 billion in its India business. In a stock exchange filing seen by Bloomberg on Monday, the investment is being made via the company's subsidiary in Singapore.Continue Reading on AppleInsider | Discuss on our Forums
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Monday, 19 May 2025 ()
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