Foxconn Archives

The PLI's limited success is particularly concerning amid rising global trade tensions and US President Donald Trump’s threats of reciprocal tariffs on nations like India with trade surpluses

India to let $23 billion manufacturing push expire after falling short...

PGurus Newsdesk - March 21, 2025 0

India ends $23 billion manufacturing incentive program amid red tape The Indian government, led by Prime Minister Narendra Modi, has decided to wind down its...

Foxconn is a major Apple supplier globally and has invested 1.4 billion dollars in India to date

Commerce

Foxconn and Apple bolster India’s ‘Make in India’ initiative with record...

PGurus Newsdesk - August 19, 2024 1

Foxconn’s India biz surges to $10 bn, Apple’s India operations at $23.5 bn in value In a significant boost to India's 'Make in India' initiative...

The importance of the South Asian market to Apple will notably rise in the coming year

Economy

India-made iPhone shipments may grow 20-25% globally by 2024: Analyst

PGurus Newsdesk - November 2, 2023 1

Tata Group to begin manufacturing iPhones at the Wistron production line it acquired in India The India-made iPhone shipments will grow to 20 to 25...

In the first 11 months of 2022, sales were down 23.6 percent compared to the same period in the previous year

International/ World news

China faces supply chain disruptions, weak consumer demand amid Covid surge;...

PGurus Newsdesk - January 9, 2023 1

'Tough situation' for smartphones, not expected to recover till 2024, IDC analyst says Facing supply chain disruptions and weak consumer demand amid the Covid surge,...

Ease-of-doing business & friendly local manufacturing policies, Apple's 'Make in India' iPhones will potentially account for close to 85% of its total iPhone production

International/ World news

After unrest in China, Apple fast-tracks plan to shift manufacturing to India

PGurus Newsdesk - December 4, 2022 3

Big setback to China as Apple to move iPhone 14 production to India, Vietnam In the wake of unrest in China over the zero-Covid policy,...

China’s local output of microcomputers fell 18.6 percent to 317.5 billion units in August

International/ World news

India, US ramping up semiconductor manufacturing allegedly leaves a dent in...

PGurus Newsdesk - September 18, 2022 1

China's semiconductor output posts the biggest monthly decline As India and the US have ramped up domestic semiconductor manufacturing, China witnessed its biggest-ever monthly decline...

Foxconn's EV manufacturing arm, Foxtron, is planning to set up manufacturing plants at various locations in southeast Asia, including India

Commerce

PM Modi meets Foxconn’s Chairman; lauds plans for expansion in India

PGurus Newsdesk - June 24, 2022 0

PM Modi welcomes Foxconn's plans for expanding electronics manufacturing capacity in India Prime Minister Narendra Modi on Thursday met Taiwan-based manufacturing giant Foxconn's Chairman Young...

Foxconn said it would invest $118.7 million to set up a joint venture company with Vedanta

Business

Vedanta inks pact with Foxconn to manufacture semiconductors in India

PGurus Newsdesk - February 14, 2022 0

Vedanta, Foxconn JV to make semiconductors in India On Monday, the Indian conglomerate Vedanta signed a pact with the i-phone and other electronics manufacturing services...

Foxconn | An internal intelligence note exclusively accessed points out “Chinese aid to the left leaning workforce inside Foxconn” as the reason for the labour unrest.

Videos

China hand in Foxconn mfg. unit closure in Chennai I Sree...

Sahil Mishra - January 6, 2022 0

An internal intelligence note exclusively accessed by The Week points out “Chinese aid to the left-leaning workforce inside Foxconn” as the reason for the...