Apple Inc. partner Foxconn Technology Group Plans $700 Million Plant Near Bengaluru, India

Apple Inc. partner Foxconn Technology Group plans to invest about $700 million on a new plant near Bengaluru, India, to ramp up local production, people familiar with the matter said, underscoring an accelerating shift of manufacturing away from China as Washington-Beijing tensions grow. According to one estimate, the investment could create as many as 100,000 … Continue reading Apple Inc. partner Foxconn Technology Group Plans $700 Million Plant Near Bengaluru, India