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  • Foxconn’s FIT to double AirPods output at Telangana plant, invest Rs 4,800 crore: Report

    Once the expansion is complete, monthly output at the Hyderabad plant is expected to reach around 200,000 AirPods-up from the current estimate of over 100,000, the report said

  • Foxconn to invest Rs 15,000 crore in Tamil Nadu, generate 14,000 jobs: Minister

    Foxconn to invest Rs 15,000 crore in Tamil Nadu, generate 14,000 jobs: Minister

    State industries minister TRB Rajaa said this was the largest ever commitment for Tamil Nadu so far

  • India sees no major impact on Foxconn from pullback of Chinese employees

    India sees no major impact on Foxconn from pullback of Chinese employees

    Foxconn and its client Apple have been seeking to ramp up iPhone production in India to mitigate the impact of U.S. President Donald Trump's threatened triple-digit tariffs on Chinese goods

  • Foxconn subsidiary Yuzhan Technology recalls 300 Chinese engineers from India operations: Report

    Foxconn subsidiary Yuzhan Technology recalls 300 Chinese engineers from India operations: Report

    In July, reports emerged that Apple supplier Foxconn had similarly recalled around 300 Chinese engineers and technicians from its iPhone production facilities in India.

  • Bengaluru will play pivotal role in making India the iPhone capital of the world, says Karnataka minister

    Bengaluru will play pivotal role in making India the iPhone capital of the world, says Karnataka minister

    Foxconn has started making iPhone 17 at its new facility in Devanahalli, which is the Taiwanese electronics giant's second-largest unit outside China, built with an investment of $2.8 billion (Rs 25,000 crore)

  • Tamil Nadu aims to be Apple’s preferred hub, SpaceX challenger and India’s R&D powerhouse: TRB Rajaa

    Tamil Nadu aims to be Apple’s preferred hub, SpaceX challenger and India’s R&D powerhouse: TRB Rajaa

    In an interview to Moneycontrol, industries minister TRB Rajaa talks about the state's push to become an innovation-led economy through deeper R&D investment, a product-first policy for startups and strategic support for high-tech sectors

  • Foxconn begins importing iPhone 17 components for trial production in India: Report

    Foxconn begins importing iPhone 17 components for trial production in India: Report

    The shift comes amid Apple’s broader strategy to turn India into a key export hub. iPhone exports from India to the U.S. surged 219% year-on-year in March, according to S&P Global Market Intelligence.

  • There will be challenges but we can sustain growth: Ashwini Vaishnaw on exit of Foxconn's Chinese staff

    There will be challenges but we can sustain growth: Ashwini Vaishnaw on exit of Foxconn's Chinese staff

    'India is resilient. The world has enough opportunities for all, and we should continue path we have set,' Union IT Minister Ashwini Vaishnaw said.

  • Govt sees Foxconn's Chinese staff exit as a challenge, but also opportunity to diversify workforce

    Govt sees Foxconn's Chinese staff exit as a challenge, but also opportunity to diversify workforce

    Centre sees exit of Chinese staff as moment to push localisation and reduce single-country dependencies.

  • Govt relaxes SEZ norms for manufacturing chips, electronic components

    Govt relaxes SEZ norms for manufacturing chips, electronic components

    The minimum land required for setting up a factory has been reduced to 10 hectares from 50 hectares in special economic zones for semiconductors and electronic components and to 4 hectares from 20 in multi-product SEZs

  • iPhone-maker Foxconn cuts outlook due to US tariff uncertainty

    iPhone-maker Foxconn cuts outlook due to US tariff uncertainty

    Foxconn Chairman Young Liu said, 'Over the past month, rapid changes in U.S. tariff policies have considerably impacted the global supply chain. With recent exchange rate fluctuations adding to the uncertainty, we are taking a more cautious outlook for the near future.'

  • Apple’s India Bet: $14 Billion iPhone Opportunity for Indian Factories in Q1

    Apple’s India Bet: $14 Billion iPhone Opportunity for Indian Factories in Q1

    Apple is set to significantly expand its iPhone production in India, with estimates suggesting it could source nearly $40 billion worth of devices from the country by FY26. In the June 2024 quarter alone, Indian factories led by Foxconn and Tata Electronics are expected to meet U.S. demand worth $12–14 billion. Analysts say this marks a major shift in Apple’s global supply chain strategy, reducing reliance on China and strengthening India’s role as a manufacturing hub. With growing local demand and robust export plans, India is positioned to become a key pillar in Apple’s global iPhone production roadmap.

  • Foxconn begins production of Apple AirPods in Hyderabad for exports; to soon expand iPhone production with new Bengaluru unit: Sources

    Foxconn begins production of Apple AirPods in Hyderabad for exports; to soon expand iPhone production with new Bengaluru unit: Sources

    This comes at a time when Apple is doubling down on India as a strategic manufacturing hub, positioning it as an alternative to China amid US President Trump’s sweeping tariffs

  • New Tata plant starts iPhone production, Foxconn close behind as Apple looks to India, say sources

    New Tata plant starts iPhone production, Foxconn close behind as Apple looks to India, say sources

    Apple is positioning India as an alternative manufacturing base to China as a trade war flares between Washington and Beijing, with US President Donald Trump's more than 100% tariffs on China threatening supply chain disruptions and stoking fears of a rise in iPhone prices.

  • Foxconn, Dixon, Zetwerk look to capitalise on PLI Scheme for electronic components: Report

    Foxconn, Dixon, Zetwerk look to capitalise on PLI Scheme for electronic components: Report

    Foxconn is reportedly preparing to apply for PLI under the smartphone display module category through its subsidiary company Yuzhan Technology.

  • iPhone-maker Foxconn looks to acquire 300-acre land in UP: Report

    iPhone-maker Foxconn looks to acquire 300-acre land in UP: Report

    The plant, which will become the first in North India, could be bigger than the facility planned in Bengaluru, which is poised to become Taiwanese firm's second biggest globally

  • Foxconn chief Young Liu, TRB Rajaa's viral drive may bring 'good news' for Tamil Nadu

    Foxconn chief Young Liu, TRB Rajaa's viral drive may bring 'good news' for Tamil Nadu

    What transpired during that drive was one of the most compelling investment pitches made by an Indian state in decades.

  • Karnataka: Apple supplier Foxconn to get Rs 6,970-crore incentives under ESDM policy

    Karnataka: Apple supplier Foxconn to get Rs 6,970-crore incentives under ESDM policy

    Foxconn is setting up mobile phone manufacturing plant in Devanahalli Industrial Area near Bengaluru airport

  • Smartphone PLI: $1 billion given in 3 years, 5 companies got 98% of the funds, says report

    Smartphone PLI: $1 billion given in 3 years, 5 companies got 98% of the funds, says report

    At $13.1 billion in the April-November period, handsets are now the second highest exported product from India

  • Foxconn says open to buying Renault’s stake in Nissan

    Foxconn says open to buying Renault’s stake in Nissan

    The Taiwanese company has approached Nissan and Honda Motor Co. about potential cooperation, Hon Hai Chairman Young Liu told reporters on Wednesday on the sidelines of a company event.

  • China's export curbs: Hi-tech machinery supply issue for electronics factories getting better after MEA’s intervention

    China's export curbs: Hi-tech machinery supply issue for electronics factories getting better after MEA’s intervention

    The MEA remains in continuous discussions with its Chinese counterparts, and the issue is being resolved, making it unlikely to impact the expansion plans of major players like Apple, Foxconn, and Lenovo, sources said

  • India watchdog faults probe of Foxconn hiring, orders new inquiry

    India watchdog faults probe of Foxconn hiring, orders new inquiry

    The National Human Rights Commission (NHRC) in June ordered federal and Tamil Nadu state officials to probe Foxconn's hiring practices.

  • MeitY informs MEA of equipment shipment delays from Chinese ports affecting companies

    MeitY informs MEA of equipment shipment delays from Chinese ports affecting companies

    Apple and Foxconn had previously sought the government's intervention over delays in shipment of equipment from Chinese ports.

  • Apple, Foxconn raise alarm over equipment delays at Chinese ports, seek government help

    Apple, Foxconn raise alarm over equipment delays at Chinese ports, seek government help

    China's moves appear to be part of a broader response, potentially in retaliation for India’s restrictions on visas for Chinese officials or its approach towards Chinese investments, source have said

  • Foxconn, Dixon Tech urge Centre to pay pending production subsidies

    Foxconn, Dixon Tech urge Centre to pay pending production subsidies

    Foxconn could get as much as Rs 600 crore and Dixon Rs 100 crore if the government releases the funds, the people said, asking not to be identified as the matter isn’t public. The government is reviewing the two requests, the people said.

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