Foxconn intends to invest more than $200 million in the construction of a new AirPod manufacturing facility in the southern Indian state of Telangana. But, the total cost of the AirPod order has yet to be revealed.
Apple's plan to shift its iPhone plant from China to India and invest in a new iPhone plant in Karnataka is set to create 100,000 jobs. The new factory is expected to manufacture iPhone parts and possibly assemble Apple's handsets.
Vedanta and Foxconn in September 2022 signed a Memorandum of Understanding (MoU) with the Gujarat government to invest Rs 1,54,000 crore in the state.
Around 121 (17.7 per cent) of Apple's 2022 suppliers were domiciled in China, making the country the second largest global source of Apple's supply chain after the US. India is in the eighth spot, with two companies (0.3 per cent) and 278 out of 12,248 global facilities (2.3 per cent).
Protests in China: A worker claimed that the clashes broke out after employees who signed an agreement with the factory to work at least 30 days in return for a one-time payment of 3,000 yuan (USD 420) suddenly saw the figure reduced to just 30 yuan.
A fresh war of words has broken out between the ruling Eknath Shinde dispensation and Shiv Sena (Uddhav Balasaheb Thackeray)-led opposition over the Rs 22,000 crore project to manufacture C-295 military transport aircraft moving from Maharashtra to Vadodara in Gujarat.
Employees started leaving the Foxconn factory in Zhengzhou after some fell ill in mid-October and received no treatment, according to an employee who asked not to be identified by name.
Vedanta-Foxconn plant: Addressing a press conference here, Thackeray rued the political situation in the state over the last few years and said it was tough to understand or guess who would ally with whom to form a government.
Foxconn row: Without naming the Uddhav Thackeray-led Shiv Sena, Fadnavis targeted the party for opposing big-ticket projects like a refinery in Maharashtra which had the potential of taking the state ahead of others for the next ten years.
Vedanta-Foxconn Plant: The Opposition parties have sought to corner the Eknath Shinde-Bharatiya Janata Party (BJP) government following the announcement two days ago that the Rs 1.54 lakh crore semiconductor plant would be set up in neighbouring Gujarat and not in Maharashtra as proposed earlier.
India's first chip factory: The 60:40 joint venture of Vedanta-Foxconn will set up a semiconductor fab unit, a display fab unit, and a semiconductor assembling and testing unit on a 1000-acre land in the Ahmedabad district.
Apple has been set to launch iPhone 14 which will be manufactured in China and followed by India. But in 2023, it is said that both countries will be manufacturing the iPhone 15 simultaneously. Know more.
The first stock of iPhone 14 is likely to be shipped by later October or November 2022, following the September release, as per the reports.
Apple iPhones have been put on probation after 250 women employees of the facility at Foxconn TN factory were affected by food poisoning in their dormitory.
The hackers claimed to have encrypted over 1,000 servers at Foxconn North America and stolen 100 GB data.
Facing a negative global perception amid pandemic, technology companies are mulling options to relocate production, manufacturing units to south Asian nations and what seems to work for India is its incentive-driven scheme that is attracting major players including Samsung, Apple, others.
iPhone maker Foxconn's CEO Young Liu has said China's days as world's factory are over, amid trade tension between Beijing-Washington that is pushing technology giants to move away and look out to other possibilities may be in the southeast Asia for their manufacturing line-up.
Key Apple supplier Foxconn has started its annual recruitment drive for factory workers to produce next-generation iPhone devices ahead of their launch this fall.
Foxconn, Taiwanese multinational electronics contract manufacturer which assembles Apple iPhone, is planning to invest up to $1 billion in India. Foxconn is looking to expand its factory in Chennai's Sriperumbudur, sources said.
Foxconn has built production lines to make masks in Shenzhen's Hualong plant and expects to reach a daily capacity of 2 million by the end of February.
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