Tag: Foxconn

  • Apple iPhone maker Foxconn to invest $1.5 billion in India as it looks to build beyond China

    A factory at the mobile phone plant of Rising Stars Mobile India, a unit of Foxconn in Tamil Nadu, India, on July 12, 2019. Bloomberg | Bloomberg | Getty Images Foxconn Technology will invest more than $1.5 billion in an Indian construction project to fulfill the Apple supplier’s “operational needs,” the company announced in Taiwanese…

  • Foxconn invests Rs 461 crore in Bengaluru unit

    Taiwanese electronics manufacturing services major Foxconn has infused USD 55.29 million (about Rs 461 crore) in Bengaluru-based Foxconn Precision Engineering Private Limited, according to a regulatory filing. The company has made the investment through its Singapore-based subsidiary Foxconn Singapore Pte Limited. Foxconn Singapore has acquired about 46,08,76,736 shares at Rs 10 each, amounting to around…