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Tag: Foxconn

Apple, Foxconn partner to manufacture airpods in India
Tech

Apple, Foxconn partner to manufacture airpods in India

Apple is said to produce its renowned wireless earphones, AirPods, at Foxconn’s factory in Hyderabad according to reports. This move is expected to further solidify India’s position as a key hub in Apple’s global supply chain. Foxconn, a major player in electronic manufacturing, has greenlit a substantial investment of $400 million for the Hyderabad facility. […]

Foxconn invests $600m in Indian iPhone component project
Tech

Foxconn invests $600m in Indian iPhone component project

Tech giant, Foxconn is set to inject a substantial $600 million into India’s tech landscape, as it embarks on two pivotal projects in the southern state of Karnataka. The Taiwanese company’s strategic move involves chip equipment manufacturing and casing components for iPhone models, signaling a significant investment in India’s burgeoning tech industry. Of the total […]

Foxconn
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Apple’s supplier Foxconn to invest $820m in EVs

One of the largest electronics manufacturers in the world, Foxconn, announced on Sunday that it intends to invest T$25 billion ($820 million) in southern Taiwan over the next three years. The company also known as Hon Hai Precision Industry Co Ltd, plans to establish new manufacturing facilities that will support its electric vehicle endeavors. The […]

Foxconn
Business

Apple supplier Foxconn plans $200m AirPod factory in India

Apple’s largest IPhone assembler, Foxconn has won an order to make AirPods for Apple and plans to establish the factory for the wireless earphones in India. This was according to the information Igotten from two individuals with direct knowledge of the company’s decision and told Reuters. This contract will make Foxconn an AirPod supplier for […]

Foxconn
Business

Foxconn sales peak after COVID-19 disruption

The world’s largest electronics maker and the biggest Apple’s iPhone assembler, Foxconn has recorded a 48.2% revenue increase in January, after COVID-19 disruption. It was stated by the company on Sunday that it recorded a revenue of T$660.4 billion ($22 billion). The company also established that operations are returning to normal. There is now an […]