"Foxconn annual revenue was USD 200 billion. From the perspective of India's potential market size and if we can fully implement our plans there, several billion dollars in investment is only the beginning."
Minister for IT and BT, Rural Development and Panchayat Raj Priyank Kharge along with senior officials met Foxconn Chairman Young Liu and other executives of the company
Foxconn is the world's largest contract electronics maker
Foxconn has approved an investment of USD 400 million for Hyderabad plant which is expected to begin mass production by December 2024
"Was delighted to meet the Foxconn Group Chairman Mr.Young Liu and his team. Various investment opportunities in Tamil Nadu were discussed. Investment commitment to establish a mobile component manufacturing facility in...
Foxconn already has a plant in Tamil Nadu where it assembles iPhones
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
In a BSE filing, the Indian conglomerate expressed its resolve and commitment to produce critically important semiconductors and display glass/modules for the growing Indian market
As per the proposal, Fii, a subsidiary of Foxconn (formally known as Hon Hai Precision Industry Co. Ltd), has a plan to invest Rs 8,800 Crore. "This would...
Hon Hai Technology Group, also known as Foxconn, earlier this week pulled out of the chipmaking joint venture with Vedanta and said it intends to apply for...
Most of the world's chips are manufactured in a handful of countries and India, which expects its semiconductor market to be worth USD 63 billion by 2026, is a...
"Foxconn is working toward submitting an application related to Modified Programme for Semiconductors and Display Fab Ecosystem. We have been actively...
Foxconn has withdrawn from a USD 19.5 billion semiconductor joint venture with Vedanta Ltd as the venture struggled to get a technology partner to make chips...
Last year, VFSL (Vedanta Foxconn Semiconductors Ltd) became one of the first applicants under the Centre’s ambitious $10 billion Semicon India programme that...
With this, the new government has speeded up the process of the Rs 13,600 crore project that is expected to create 50,000 jobs, an official release said
Telangana’s IT minister made the announcement in a tweet that Foxconn will set up a new unit which is expected to create 25,000 jobs in the first phase.
Total investment target across the three EMCs has been projected to the tune of Rs 20,910 crore in Karnataka, which houses electronics manufacturing majors...
Investment projects worth Rs 75,393.57 crore are expected to further push industrial growth and generate direct and indirect employment opportunities in...
Minister of State for IT Rajeev Chandrasekhar said that India is becoming increasingly relevant in the global electronics value chain
Apple's largest supplier Foxconn is finalising expansion in India as per Apple's plans to shift production away from China, as per a report.
Apple's Taiwanese contract manufacturer Pegatron Corp has begun assembling the company's latest iPhone 14 model in India
Foxconn decided to jointly build the semiconductor plant unit in Gujarat's Ahmedabad. Gujarat and Maharashtra were in a close race to acquire India's first...
Besides electronics, Foxconn is also looking at making electric vehicles in India. The Tamil Nadu government has already invited the company to further invest...
Vedanta and Foxconn had signed a memorandum of understanding in February to form a joint venture company in India. Vedanta will hold 60 per cent of the equity...
Bharat FIH makes devices for Xiaomi and Nokia