Home Technology peripherals It Industry Hon Hai will build a new factory in India with an investment of up to 128.2 billion rupees

Hon Hai will build a new factory in India with an investment of up to 128.2 billion rupees

Nov 27, 2023 pm 09:34 PM
iphone Foxconn Hon Hai

According to news from this website on November 27, Hon Hai issued an announcement today evening that it will build a factory on its own behalf on behalf of its Indian subsidiary Foxconn Hon Hai Technology India Mega Development Private Limited. The estimated investment amount is 128.209 billion Indian rupees ( Note from this site: currently approximately 10.9989 billion yuan). There is speculation that this move may be to expand iPhone production capacity in India.

Hon Hai will build a new factory in India with an investment of up to 128.2 billion rupees
Pixabay

Hon Hai currently has a factory in Tamil Nadu, southern India, to produce iPhones of factories, employing 40,000 people. At the same time, the government of Karnataka in southern India announced in August that Hon Hai will invest US$600 million in two plans in the state to engage in the production of iPhone casing components and chip manufacturing equipment.

Tianfeng Securities analyst Ming-Chi Kuo previously said that the proportion of iPhones produced in India will reach 12% to 14% globally in 2023, and this proportion is expected to increase to 20% to 25% in 2024. At the same time, Apple plans to launch new product introduction (NPI) of the standard iPhone 17 (released in the second half of 2025) in India in the second half of 2024, showing that Apple is increasingly focusing on the Indian market.

Advertising statement: This article contains external jump links (including but not limited to hyperlinks, QR codes, passwords, etc.), which are intended to convey more information and save selection time. The results are for reference only. Please note that all articles on this site contain this statement

The above is the detailed content of Hon Hai will build a new factory in India with an investment of up to 128.2 billion rupees. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

iPhone 16 Pro and iPhone 16 Pro Max official with new cameras, A18 Pro SoC and larger screens iPhone 16 Pro and iPhone 16 Pro Max official with new cameras, A18 Pro SoC and larger screens Sep 10, 2024 am 06:50 AM

Apple has finally lifted the covers off its new high-end iPhone models. The iPhone 16 Pro and iPhone 16 Pro Max now come with larger screens compared to their last-gen counterparts (6.3-in on the Pro, 6.9-in on Pro Max). They get an enhanced Apple A1

iPhone parts Activation Lock spotted in iOS 18 RC — may be Apple\'s latest blow to right to repair sold under the guise of user protection iPhone parts Activation Lock spotted in iOS 18 RC — may be Apple\'s latest blow to right to repair sold under the guise of user protection Sep 14, 2024 am 06:29 AM

Earlier this year, Apple announced that it would be expanding its Activation Lock feature to iPhone components. This effectively links individual iPhone components, like the battery, display, FaceID assembly, and camera hardware to an iCloud account,

iPhone parts Activation Lock may be Apple\'s latest blow to right to repair sold under the guise of user protection iPhone parts Activation Lock may be Apple\'s latest blow to right to repair sold under the guise of user protection Sep 13, 2024 pm 06:17 PM

Earlier this year, Apple announced that it would be expanding its Activation Lock feature to iPhone components. This effectively links individual iPhone components, like the battery, display, FaceID assembly, and camera hardware to an iCloud account,

Gate.io trading platform official app download and installation address Gate.io trading platform official app download and installation address Feb 13, 2025 pm 07:33 PM

This article details the steps to register and download the latest app on the official website of Gate.io. First, the registration process is introduced, including filling in the registration information, verifying the email/mobile phone number, and completing the registration. Secondly, it explains how to download the Gate.io App on iOS devices and Android devices. Finally, security tips are emphasized, such as verifying the authenticity of the official website, enabling two-step verification, and being alert to phishing risks to ensure the safety of user accounts and assets.

Multiple iPhone 16 Pro users report touchscreen freezing issues, possibly linked to palm rejection sensitivity Multiple iPhone 16 Pro users report touchscreen freezing issues, possibly linked to palm rejection sensitivity Sep 23, 2024 pm 06:18 PM

If you've already gotten your hands on a device from the Apple's iPhone 16 lineup — more specifically, the 16 Pro/Pro Max — chances are you've recently faced some kind of issue with the touchscreen. The silver lining is that you're not alone—reports

Anbi app official download v2.96.2 latest version installation Anbi official Android version Anbi app official download v2.96.2 latest version installation Anbi official Android version Mar 04, 2025 pm 01:06 PM

Binance App official installation steps: Android needs to visit the official website to find the download link, choose the Android version to download and install; iOS search for "Binance" on the App Store. All should pay attention to the agreement through official channels.

How to solve the problem of 'Undefined array key 'sign'' error when calling Alipay EasySDK using PHP? How to solve the problem of 'Undefined array key 'sign'' error when calling Alipay EasySDK using PHP? Mar 31, 2025 pm 11:51 PM

Problem Description When calling Alipay EasySDK using PHP, after filling in the parameters according to the official code, an error message was reported during operation: "Undefined...

Beats adds phone cases to its lineup: unveils a MagSafe case for the iPhone 16 series Beats adds phone cases to its lineup: unveils a MagSafe case for the iPhone 16 series Sep 11, 2024 pm 03:33 PM

Beats is known for launching audio products such as Bluetooth speakers and headphones, but in what can best be described as a surprise, the Apple-owned company has branched into making phone cases, starting with the iPhone 16 series. The Beats iPhone

See all articles