Apple Supplier Foxconn Invests $1.5 Billion in India

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Apple Supplier Foxconn Invests $1.5 Billion in India

Foxconn, formally known as Hon Hai Precision Industry Co., is investing $1.5 billion into its India operations through its Singapore subsidiary. The move marks a significant step in Apple’s broader strategy to diversify its supply chain away from China. The funds will support ongoing expansion in southern India, where Foxconn is building new plants and […]

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