Foxconn pumps US$1.5 billion into India unit as Apple moves iPhone production from China
Tuesday, 20 May 2025 () Foxconn pumps US$1.5 billion into India unit as Apple moves iPhone production from China Apple is looking to import most of the iPhones it sells in the US from India by the end of 2026 Hon Hai, which is building new plants and adding production capacity in southern India, did not immediately…
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Foxconn has invested $1.48 billion in its India operations, specifically in its Tamil Nadu-based unit, Yuzhan Technology. This investment supports Apple's... IndiaTimes
Foxconn is poised to begin iPhone shipments from its Karnataka facility in June, aiming to make it their second-largest iPhone manufacturing hub after China.... IndiaTimes