Foxconn has rapidly scaled up its newest iPhone manufacturing facility near Bengaluru, hiring close to 30,000 workers within eight to nine months, marking the fastest workforce expansion by any factory in India to date. The swift ramp-up at the Devanahalli plant underscores Apple’s push to diversify its supply chain beyond China, according to people familiar…
Chennai: Taiwan-based electronics giant Hon Hai Technology Group (Foxconn) on Tuesday denied discussing any fresh investment in Tamil Nadu during its meeting with CM M K Stalin on Monday. Foxconn contradicted claims by the state industries department that it had committed Rs 15,000 crore for investment in the state. In response to TOI’s query, the…
CHENNAI: Taiwan-based electronics major Hon Hai Technology Group (Foxconn) has announced an investment of Rs 15,000 crore for various manufacturing projects in Tamil Nadu, the state’s industries minister TR B Rajaa said.While details of the projects were not disclosed, it is learnt that Foxconn is likely to invest in electric vehicle batteries, among other technology…
CHENNAI: Taiwan-based electronics major Hon Hai Technology Group (Foxconn) has announced an investment of Rs15,000 crore for various manufacturing projects in Tamil Nadu, according to the state’s industries minister T R B Rajaa.While details of the projects were not disclosed, it is learnt that Foxconn is likely to invest in electric vehicle batteries, among other…