Foxconn: Foxconn to invest $1.5 billion to give a big push to Apple’s ‘made in India’ plans

Foxconn: Foxconn to invest .5 billion to give a big push to Apple’s ‘made in India’ plans

One of Apple’s biggest manufacturing partner is Taiwan-based Foxconn Technology and has been heavily involved in India as well. Now, according to a report by CNBC, Foxconn is set to invest $1.5 billion in India for “operational needs”. This was revealed in Taiwanese security filings. As per the security filings, the investment was made through …

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Apple: Apple sets new iPhone record in India, says CEO Tim Cook

Apple: Apple sets new iPhone record in India, says CEO Tim Cook

Apple has made significant advancements in India this year by opening its first two retail stores. During a recent investors’ call, Apple CEO Tim Cook reiterated the company’s focus on India and its potential for growth. Cook acknowledged that Apple’s market share in India is currently low, as Android dominates the market. However, he sees …

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