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Taiwanese electronics major Foxconn on Monday said it is committed for setting up a manufacturing facility in Kongara Kalan near Hyderabad. Foxconn Technology Group chairman Young Liu in a letter addressed to Telangana Chief Minister K Chandrasekhar Rao, confirmed the commitment of Foxconn in setting up the manufacturing facility in Kongar Kalan and sought the
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Apple partner Foxconn Technology Group plans to invest about $700 million (roughly Rs. 5,763 crore) on a new plant in 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. The Taiwanese company, also known for its flagship unit Hon Hai Precision
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Mobile World Congress (MWC) 2023 concluded on Thursday, bringing the world’s largest smartphone-centric event to an end. Many noteworthy handsets from companies like Xiaomi, Nokia and Tecno, were launched at the event, while other firms showed off prototypes of smartphones with miniaturised liquid cooling technology, as well as rollable displays that retract and extend at the
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Apple supplier Foxconn will invest an undisclosed sum in India’s southern state of Telangana towards an electronics manufacturing facility in the south Indian state, the state’s chief minister said on Thursday. The investment will create 100,000 jobs in the state, Telangana’s IT minister KT Rama Rao said. The announcement followed a meeting between Telangana’s chief
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