foxconn

Apple to Develop iPhone 17 in India by 2024, Up Proportion of Locally Made Phones to 25 Percent: Ming-Chi Kuo

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[ad_1] Apple is planning to increase the proportion of iPhone units produced in India, according to details shared by TF Securities International analyst Ming-Chi Kuo. In a new blog post on Thursday, the analyst states that the Cupertino company is also working on developing the iPhone 17 — expected to launch in global markets in … Read more

Apple Starts Selling Assembled in India iPhone 15 Models on Launch Day for First Time

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[ad_1] iPhone 15 series including iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max hit the stores on Friday (September 22) in India and other countries. For the first time, the Cupertino-based company made the India-built iPhone 15 models available in the country and other parts of the world on the global … Read more

iPhone 15 Plus India Manufacturing to Begin at Foxconn’s Chennai Plant in Q4 2023: Report

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[ad_1] iPhone 15 Plus — Apple’s larger version of the iPhone 15 with a 6.7-inch screen and longer battery life — will reportedly be produced in India soon. The Cupertino company unveiled four new handsets as part of its iPhone 15 lineup. Apple already manufactures the iPhone 15 in India and the company has been … Read more

Apple Supplier Foxconn Said to Invest $500 Million to Build Component Factories in India

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[ad_1] Apple’s main supplier, Foxconn Technology Group, plans to increase its investments to more than $1.2 billion (roughly Rs. 9,877 crore) in southern India’s Karnataka state and add two component factories there, expanding a steady diversification from China to mitigate the risks of US economic and technology sanctions. At least one of the factories that … Read more

Vedanta Chairman Says Their $5 Billion Made-in-India Chip Will Be Ready in 2.5 Years

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[ad_1] Vedanta group chairman Anil Agarwal on Friday said that the first phase of its semiconductor project will involve a $5 billion (roughly Rs. 41,300 crore) investment of the overall $20-billion (roughly Rs. 1,64,500 crore) outlay, and the venture will be ready with made-in-India chip in two and a half years. Vedanta is talking to … Read more

Foxconn Subsidiary in Talks to Set Up $200 Million Components Plant in Tamil Nadu: Report

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[ad_1] A Foxconn subsidiary is in talks with India’s Tamil Nadu state to invest up to $200 million (roughly Rs. 1,638 crore) to build a new plant for electronic components in the southern region, two sources with direct knowledge told Reuters on Wednesday. Brand Cheng, CEO of Foxconn Industrial Internet (FII), and other company representatives last … Read more

Vedanta to Take Over Foxconn Chip Joint Venture From Twin Star Technologies

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[ad_1] Anil Agarwal-led Vedanta Group will acquire 100 percent stake in semiconductor and display units from sister concern Twin Star Technologies, the conglomerate said on Friday. Twin Star Technologies is a wholly-owned subsidiary of Volcan Investments Limited which is the ultimate holding company of Vedanta Limited. The new structure will make Vedanta India’s first company … Read more

iPhone Supplier Foxconn to Invest $250 Million for EV Components Unit in Vietnam

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[ad_1] Foxconn is set to invest about $250 million (nearly Rs. 20,500 crore) in two new projects in Vietnam, including for the production of components for electric vehicles (EVs), the world’s largest contract electronics assembler and local authorities said on Friday. The move confirms Foxconn’s global plans to become a player in the EV industry, … Read more