The scheme will be effective from April 1, 2021.
Production of the Apple iPhone 12 at a Foxconn factory in India has slumped by more than 50% because workers infected with Covid-19 have had to leave their posts
According to the ministry, the scheme is expected to lead to total production worth around Rs 1.6 trillion
Under a deal with the state of Wisconsin announced on Tuesday, Foxconn will reduce its planned investment to $672 million from $10 billion and cut the number of new jobs to 1,454 from 13,000
Apple supplier and the world's biggest contract electronics manufacturer Foxconn has claimed that the ongoing global shortage for electronic components will last until at least 2022.
Taiwan's Foxconn is in early stage talks with Vietnamese carmaker VinFast about partnering in electric vehicles, the report said
Taiwan's Foxconn is in early stage talks with Vietnamese carmaker VinFast about partnering in electric vehicles, two sources familiar with the matter said
iPhone 12, according to sources in the know, will be manufactured at the Hon Hai Precision Industry (Foxconn) facility in Tamil Nadu - both for the domestic as well as well as the export market
The firm said it expects first-quarter revenue to rise more than 15% from a year earlier
Fisker's shares jumped 23.4% to $20.10 in premarket trading.
Amazon will commence its manufacturing efforts with contract manufacturer Cloud Network Technology, a subsidiary of Foxconn
Foxconn aims to provide components or services to 10% of the world's EVs by between 2025 and 2027
They will each hold 50 per cent of a venture that will also provide consulting services on electric vehicle (EV) technologies to automakers
Foxconn is building assembly lines for Apple's iPad tablet and MacBook laptop at its plant in Vietnam's northeastern Bac Giang province
Foxconn, known also as Hon Hai Precision Industry Co., is one of several Taiwanese firms exploring ways to expand in America and lessen a reliance on Chinese production bases.
TAIPEI (Reuters) - Foxconn <2317.TW>, the world's largest contract electronics maker, reported near flat quarterly profit on Thursday, beating market estimates amid firm demand for telecommuting devices as the pandemic-induced work-from-home trend continues.
Luxshare has also received over 1 billion yuan ($148.80 million) in government subsidies since 2016 to the first half of this year
India and Taiwan in 2018 signed an updated bilateral investment agreement in a bid to further expand economic ties
The Taiwanese contract manufacturer, formally called Hon Hai Precision Industry Co and a major supplier to Apple Inc , is looking at growth from sectors such as EVs, digital health and robots
The proportion outside the country is now at 30 per cent, up from 25 per cent last June