Foxconn

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

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

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

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

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

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

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

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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

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

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

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

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

The recent announcement of 300-acre Apple-Foxconn plant in Karnataka reflects the state's significant progress in electronics manufacturing, and will catalyse the entire electronics and deep-tech ecosystem, Union minister Rajeev Chandrasekhar said on Thursday. Chandrasekhar noted that post-Covid as electronics global value chains are being re-shaped, India is becoming increasingly relevant not just in terms of designing but also for manufacturing cutting-edge technology and next generation products and devices. The Minister of State for Electronics and IT was addressing the Deep Tech Summit organised by MeitY-NASSCOM Centre of Excellence (CoE) - IoT (Internet of Things) and AI (Artificial Intelligence), in Bengaluru, an official statement said. After the Modi government took over, opportunities in the digital economy space have expanded rapidly and cover areas such as internet consumer tech, AI, data plus economy, electronics, automobiles and space. "Under PM Narendra Modi governme

First unit, by Vedanta-Foxconn JV, under PLI scheme

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Foxconn Chairman Young Liu, has written a letter to Telangana CM K. Chandrasekhar Rao, saying that the Taiwanese contract manufacturing giant is committed to setting up the plant in the state

Taking to Twitter, the Congress Chief said, "BJP only knows to serve lies to our people and make tall claims with no authenticity"

Taiwan's Foxconn, the world's largest contract electronics maker and major iPhone assembler for Apple, said revenue in February fell 11.65% year-on-year due to weakness in smart consumer electronics