05.15.2025
India's government is investing in a new Foxconn semiconductor facility, which it hopes will ultimately see the country making chips for Apple.One of several Foxconn manufacturing facilities in India —
One of several Foxconn manufacturing facilities in India — image credit: Foxconn
As Trump criticizes Apple for Foxconn's manufacturing the iPhone in India, the supplier has secured government approval for a new semiconductor plant there. Foxconn is already planning to double iPhone production in India by the end of 2025, but now it's going to expand manufacturing of display drivers for smartphones and other consumer electronics.
According to CNBC, the approval is for a joint venture between Foxconn and the HCL Group. The approval comes with an investment by the government of $433 million, though it is not clear what the total cost of the factory will be.
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