[ad_1] CHENNAI: A Foxconn subsidiary is in talks with India’s Tamil Nadu state to invest up to $200 million to build a new plant for electronic components in the southern region, two sources with direct knowledge told Reuters on Wednesday. Brand Cheng, CEO of Foxconn Industrial Internet (FII) , and other company representatives last week … Read more
[ad_1] BENGALURU: The Karnataka government on Monday offered Foxconn, one of the world’s largest manufacturers of iPhones, an additional 100 acres of land to set up an Rs 8,800 crore (over $1 billion) plant to manufacture smartphone parts.The Taiwanese company had previously committed to establishing an electronics manufacturing facility for which it had been granted … Read more
[ad_1] HONG KONG: The United States has moved to block China’s access to the most advanced semiconductors and the equipment and talent needed to make them in recent months, citing national security.China has dismissed those concerns, accusing the United States of “technological terrorism” and unfairly hindering its economic growth. It has sought to counter the … Read more