Tag: Foxconn
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WEEK IN REVIEW: China to Shift to a Massive-Scale Consumption Economy – China’s Premier Li Qiang
The Taiwanese tech company Foxconn, a major assembler of Apple products, received approval from Taiwan’s regulator for a $2.2 billion investment in facilities in India and the U.S. The Department of Investment Review in Taiwan’s Ministry of Economic Affairs also approved a $1.49 billion investment in a subsidiary ...
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Foxconn to Expand India Focus With $1.5 Billion Investment
Key iPhone maker Foxconn is making a $1.5 billion investment to expand its focus on India as Apple looks to mitigate geopolitical and tariff risks by shifting production away from China. The Taiwanese tech giant said its Singapore-based subsidiary had picked ...
Work to Resume at India iPhone Plant After Factory Fire
An Indian factory producing iPhone components was resuming work on Thursday after a fire halted production. This is the third blaze to disrupt Apple's local supply chain since the start of last year. India has pitched itself as an emerging manufacturing ...
iPhone Maker Foxconn to Invest $1.5 Billion in India as It Looks Beyond China
As it looks to build beyond China, Foxconn Technology will invest more than $1.5 billion in an Indian construction project to fulfill “operational needs,” the Apple supplier said Monday. Foxconn, based in Taiwan, has significant operations in mainland China. Foxconn’s factories ...
WEEK IN REVIEW: ASEAN Kicked off First-Ever Joint Naval Drills in South China Sea on Tuesday
The Association of Southeast Asian Nations (ASEAN) kicked off its first-ever joint naval drills in the South China Sea on Tuesday near Indonesia's Nantuna island. The five-day exercise comes at a sensitive time when many ASEAN members are locked in bitter maritime territorial disputes with China.
