Apple supplier Foxconn takes stakeholders, investors by surprise, posts 11% profit in Q3
After predicting that their profit would dip…
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Foxconn
Foxconn Aims to Double Jobs, Investment in India Over Next 12 Months – News18
Published By: Saurabh VermaLast Updated: September 17, 2023, 23:19 ISTFoxconn already has an iPhone factory in the state of Tamil Nadu, which employs 40,000 people.
(Photo: Foxconn)Taiwan-based Foxconn, the world's largest contract…
Foxconn, Dell, Lenovo in List of 32 Companies to Apply for PLI Scheme for IT Hardware Manufacturing:…
IT minister Ashwini Vaishnaw said the PLI Scheme 2.0 has generated significant interest. (Image: PTI/File)The Centre is hopeful of a major change in India's IT hardware landscape, similar to what is being seen in the smartphone sector.…
Apple supplier Foxconn ups its investment proposal in Telangana to $550 million
The Board of Directors FIT Hon Teng Ltd (Foxconn) approved the investment of USD 400 million in Telangana, V Lee, Foxconn India representative said in a social media post. Taiwan-based contract manufacturer Foxconn is Apple's biggest…
Taiwan’s Foxconn to make phone components at $200mn facility in this Indian state
Senior Officials from Taiwanese electronics contract-manufacturing firm Hon Hai Technology Group (Foxconn) met the Chief Minister of the Southern Indian state of Tamil Nadu and inked a pact to set up a $200mn facility. With the potential to…
Foxconn plans mobile component manufacturing arm in TN
Taiwan's Foxconn signed a letter of intent (LoI) with the Tamil Nadu government on Monday to establish a new mobile component manufacturing facility for Rs 1,600 crore in Kancheepuram with potential to generate 6,000 jobs.
Photograph:…
Binny Bansal cashes out of Flipkart; Dealshare CEO Vineet Rao steps down
Sachin Bansal cashed out of Flipkart when the Americans moved in five years ago. But his cofounder Binny Bansal had held on to his stake. Now, 16 years after starting the ecommerce company, Binny, too, has sold all his Flipkart shares to…
Foxconn signs ₹1600 cr components plant deal with Tamil Nadu state govt
Reuters | | Posted by Lingamgunta Nirmitha Rao Taiwan's Foxconn has signed an agreement with India's Tamil Nadu to invest 16 billion rupees ($194 million) in a new electronic components manufacturing facility that will create 6,000…
Foxconn to set up Rs 1,600 crores electronic component plant in Tamil Nadu – Times of India
Foxconn has announced an agreement with the government of Tamil Naduin India to invest Rs 1,600 crores in a new electronic components manufacturing facility situated in the state.This new facility, which will be operated by Foxconn…
Foxconn to Invest Rs 1,600 Crore in Tamil Nadu to Set Up Mobile Components Manufacturing Facility…
The facility will be located in Kanchipuram district and is expected to generate 6,000 jobs. (Shutterstock)Industries Minister TRB Rajaa said repeated investments and expansion plans in Tamil Nadu by Foxconn, which already assembles iPhones…