Apple assembler Foxconn to invest $500 million in India’s Telangana state, create 25,000 jobs appeared first on MacDailyNews. Apple assembler Foxconn to invest $500 million in India’s Telangana state, create 25,000 jobs appeared first on MacDailyNews. Apple assembler Foxconn to invest $500 million in India’s Telangana state, create 25,000 jobs appeared first on MacDailyNews. Apple assembler Foxconn to invest $500 million in India’s Telangana state, create 25,000 jobs appeared first on MacDailyNews.
Major Apple assembler Foxconn will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana, the state’s IT minister said on Monday. The logo of

Major Apple assembler Foxconn will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana, the state’s IT minister said on Monday.

The logo of electronics contract manufacturer Foxconn Technology Group, formally known as Hon Hai Precision Industry, is displayed at its headquarters in Taipei. Photo: Agence France-Presse
The logo of electronics contract manufacturer Foxconn Technology Group, formally known as Hon Hai Precision Industry, is displayed at its headquarters in Taipei. Photo: Agence France-Presse

Reuters:

The investment will create 25,000 jobs in the first phase, K. T. Rama Rao said in a tweet.

Apple has been shifting production away from China, where prior COVID restrictions disrupted the manufacturing of new iPhones and other devices. The tech company is also looking to avoid a hit to its business due to tensions between Beijing and Washington.

Foxconn in late March received approval from the Karnataka government for a $968 million investment in the state.

MacDailyNews Take: The CCP’s “zero COVID” lunacy was the straw that broke the camel’s back and, clearly, India is well-positioned to take advantage.

MacDailyNews Note: iPhone models are currently assembled in India by Foxconn and Pegatron in Tamil Nadu and Wistron in Karnataka.

Please help support MacDailyNews. Click or tap here to support our independent tech blog. Thank you!

Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.

The post Apple assembler Foxconn to invest $500 million in India’s Telangana state, create 25,000 jobs appeared first on MacDailyNews.

original link


You may also be interested in this

Brydge brand & IP sol…

After a promising start and well-liked products, iPad keyboard and Thunderbolt dock maker Brydge has been forced to sell its IP and brand in foreclosure, though it may still reemerge.Brydge

Deals: $50 off new MacBoo…

Today's top deals include $50 off the M2 MacBook Air 15-inch, Vizio 65" Class V-Series 4K LED Smart TV for $398, 27% off a 40" Vizio D-Series HD Smart TV,

Five brand new Apple prod…

Macworld With less than two weeks to go until WWDC, the rumors are beginning to paint a picture of a jam-packed show, with a major watchOS refresh, some of our

Apple releases third Deve…

Apple has started rolling out the third developer beta of macOS 14 Sonoma with important bug fixes, according… The post Apple releases third Developer Beta of macOS Sonoma appeared first

Google’s Pixel AI I…

Google last week introduced the Pixel 9 smartphone lineup, with a selection of new devices that are focused on AI. All of the Pixel 9 phones support Gemini AI, and

iOS 17 Compatible With iP…

Apple today announced that iOS 17 is compatible with the iPhone XS and newer, meaning that support has been dropped for the iPhone 8, iPhone 8 Plus, and iPhone X.

The case for Ethernet on …

It’s been about a decade since Apple’s MacBooks included Ethernet ports and even the base iMac has axed the wired connection leaving it for an upgrade with the higher-tier models.

India is starting to help…

Deepwater Asset Management’s Gene Munster and Brian Baker estimate that 40-45% of Apple’s overall revenue is manufactured in China and they expect that figure to decline to 25-30% in five
X

A whimsical homage to the days in black and white, celebrating the magic of Mac OS. Dress up your blog with retro, chunky-grade pixellated graphics to evoke some serious computer nostalgia. Supports a custom menu, custom header image, custom background, two footer widget areas, and a full-width page template. I updated Stuart Brown's 2011 masterpiece to meet the needs of the times, made it responsive , got dark mode, custom search widget and more.You can download it from tigaman.com, where you can also find more useful code snippets and plugins to get even more out of wordpress.