Page 14 - Foxconn

Apple to nearly triple investment, exports in India in coming years

Apple mainly assembles iPhones in India through Taiwan contract manufacturers but plans to expand into iPads and AirPods, as it looks to cut reliance on China

Microsoft looks to buy $50 mn Foxconn parcel in Wisconsin for data centre

Microsoft has agreed to buy a $50 million parcel of land in southeastern Wisconsin meant for Foxconn after the world's largest electronics manufacturer failed to fulfil grandiose promises to build a massive facility that would employ thousands of workers. Microsoft plans to build a $1 billion data centre on the 315-acre parcel in Mount Pleasant, a village of about 27,000 people in Racine County about 30 miles (50 kilometers) south of Milwaukee. It's unclear how many people the centre might employ; Microsoft officials had no immediate comment when reached via email Wednesday. The village already is home to a Foxconn Technology Group manufacturing facility. The Taiwan-based company is best known for making Apple iPhones. The company announced plans in 2017 to build a $10 billion facility in Mount Pleasant that would employ 13,000 people. Wisconsin's governor at the time, Republican Scott Walker, and then-President Donald Trump praised the decision, with Trump boasting the plant would

Foxconn likely to expand its Chennai iPhone manufacturing facility

The two new facilities that Foxconn is likely to build will be in addition to the two other buildings the company already has in place

72% of workers in Apple's India factories are women; Foxconn best performer

The gender data is based on details provided to the states and the central government

PLI for smartphone manufacturing: Foxconn, Wistron, Dixon lead the pack

Foxconn met its manufacturing targets within the first nine months of the last fiscal year

Apple supplier Foxconn to start construction of its Karnataka plant in May

Spread over 300 acres, it is touted to be Foxconn's largest manufacturing unit in India

Vedanta-Foxconn likely to get conditional approval for fab plant

Neither Foxconn nor Vedanta has substantial experience in fab technology, so they need partners

Powered by PLI, India may add 150,000 new jobs in phone manufacturing

The govt's PLI scheme and the long-term plans of many companies to move their production facilities to India are giving a big push to jobs in the sector

3 megatrends that give India a chance to become the world's next factory

Convergence of external and internal elements affords country a lifetime opportunity, writes Mayank Dhaundiyal

Apple's vendor planning to set up second factory, Pegatron explained

Pegatron is planning to set up its second factory near Chennai in Tamil Nadu. Pegatron opened its first plant only six months ago

Foxconn deal: Karnataka labour laws in focus, Tamil Nadu may follow

Allowing 12-hour shifts for all and nighttime work for women was meant to benefit software firms, but is said to have clinched Foxconn's Rs 8,000 cr investment

Top headlines: Govt to bring down tax burden, Foxconn gets Karnataka's nod

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Rs 8,000-crore Foxconn project receives Karnataka govt's approval

A total of 18 projects worth Rs 75,394 cr sanctioned

Karnataka govt approves $968 million investment from Foxconn unit

The southern Indian state of Karnataka has approved an 80 billion rupee ($967.91 million) investment in the state by a unit of Taiwan's Foxconn

Top headlines: Rajesh Gopinathan quits as TCS CEO, Rlys plans concessions

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Foxconn Technology plant in India to assemble Apple AirPods in India

For Foxconn the $200 million investment in the new factory comes over and above the Rs 1,000 crore it has invested in its unit in Tamil Nadu to make iPhones under the PLI scheme

IT hardware manufacturers flag PLI investment clause; cite demand issues

The IT manufacturers have said that they have underutilised capacities that first need to be used up before they can commit to further expansion

Apple supplier Foxconn wins AirPod order, plans $200 mn plant in India: Rpt

The deal will see Foxconn, the world's largest contract electronics maker and assembler of around 70% of all iPhones, become an AirPod supplier for the first time

Explained: Why Taiwanese giant Foxconn is clearly bullish about India

In its meetings with senior central government officials in New Delhi, Foxconn clearly laid out its ambitions for India

How Apple, Foxconn's efforts led to landmark reforms in India's labour laws

Apple and its supplier Foxconn were among the companies that lobbied for a landmark liberalisation of labour laws in the southern state of Karnataka earlier this month, the Financial Times reported