Hardware Manufacturing

Technology • Smartphones, Hardware & Gadgets
iPhone assembler Foxconn allegedly plans $1 billion investment into plant in India
Foxconn factory at Czech Republic
Foxconn factory at Czech Republic Credit: Nadkachna (Creative Commons Attribution ShareAlike 3.0)

The Taiwanese hardware and technology company Foxconn allegedly plans to invest up to $1 billion in India. The goal is to expand an existing factory southeastern India near Chennai where the company assembles iPhones for Apple.

According to a source published by the news agency Reuters "There’s a strong request from Apple to its clients to move part of the iPhone production out of China". Neither Foxconn nor Apple have commented on the news.