Page 13 - Foxconn
Foxconn might go back on committed $5 bn investment in Maharashtra: Desai
Maharashtra Industries Minister Subhash Desai today hinted that Taiwanese contract manufacturer Foxconn may go back on its committed USD 5- billion investment in the state. "Foxconn has not come and I feel as bad as you do. But we do not regret it, we are discussing with other companies," Desai told reporters when asked about the progress investment commitment made by the world's largest contract manufacturer of smartphones' including the iPhones. The comments come days ahead of a mega investor summit planned by the state and more than two years after announcing it at the first Make-in-India summit. The commitment from Foxconn, which was received after an intense competition among the states, was one of the biggest single investment proposals received by the Devendra Fadnavis government. In August 2015, the company had entered into an agreement with Maharashtra to invest USD 5 billion over a five-year period and was also given 1,500 acres for setting up an R&D and ..
 "Foxconn might go back on committed $5 bn investment in Maharashtra: Desai")
Foxconn worker dies after jumping from window: China Labour Watch
The report comes after a small number of students were discovered in November working overtime in Foxconn's Chinese factory, violating local labour laws
 "Foxconn worker dies after jumping from window: China Labour Watch")
Foxconn to set up $10-bn manufacturing unit in US to create 3k jobs: Trump
The company is the largest manufacturer of iPhones for Apple
Qualcomm sues 4 Apple manufacturers over unpaid royalties
Qualcomm sued the iPhones manufacturers for failing to pay royalties on the chip maker's technology
Foxconn wants JNPT land for factory
The unit may be set up at an investment of $20-30 million
 "Foxconn wants JNPT land for factory")
Foxconn's Gou plans US investments after visits to White House
Trump is seeking to lure additional overseas investments into US
Foxconn willing to pay $27 billion for chip business
Toshiba and the Japanese govt want to sell the company's semiconductor business to a domestic buyer
Foxconn could bid up to $27 billion for Toshiba's chip business
Toshiba, the second-biggest NAND chip producer after South Korea's Samsung Electronics Co Ltd
Taiwan's Foxconn 'definitely bidding' for Toshiba chip business: Terry Gou
By selling chip biz, Toshiba to make up for $6.3 bn writedown of its nuclear operations
Foxconn CEO says investment for display plant in US would exceed $7 bn
Foxconn is formally known as Hon Hai Precision Industry Co
Foxconn submits preliminary plan to revive Nokia unit in Chennai
More than 15,000 employees lost their jobs when Nokia shut the unit in November 2014
Fadnavis should come clear on Foxconn deal, says Chavan
The much touted Foxconn deal is yet to materialise as the company is 'yet to find customers' to start its production unit
 "Fadnavis should come clear on Foxconn deal, says Chavan")
Foxconn's $5-bn investment in Maharashtra remains a mirage
Foxconn is yet to submit its land requirements to the Maharashtra government to set up its factories
Foxconn's Sri City facility touches 1 million handset capacity, provides more than 10,000 jobs
According to sources, Foxconn is building one more facility at the existing site and 2,000-3,000 are likely to be added to the existing workforce
Foxconn hires ex-staff of Nokia Chennai plant
An official of Foxconn India said the company had re-employed almost all workers of its two plants at Sriperumbudur
Foxconn to begin making mobiles at Navi Mumbai plant from Aug
The company, for a new multi-billion dollar factory, is looking at 1,200 acres of land in Maharashtra
 "Foxconn to begin making mobiles at Navi Mumbai plant from Aug")
Foxconn's Maharashtra ops to start later this year
Firm has taken on lease 150,000 sq ft in Navi Mumbai for making mobiles
Foxconn to start making mobiles from Maharashtra later this year
However, its overall $5-b investment plans yet to see substantive moves; co says will consider investments in India when they make commercial sense
Foxconn one of few companies that can revive Nokia plant: TWTC official
SMEs in Taiwan finding it difficult to start business in India, he says
Tamil Nadu govt in talks with Foxconn, other companies
State 'clear and optimistic' on revival, says official
 "Tamil Nadu govt in talks with Foxconn, other companies")
