iPhone Maker Expanding In India With $700 Million Factory In Bid To Rely Less On China China, Report Says
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Topline
iPhone manufacturer Foxconn is planning to invest $700 million to build a factory in the southern Indian state of Karnataka, which could significantly expand the production of Apple’s smartphones in India, Bloomberg reported, and follows claims by Indian officials that Apple wants to shift 25% of its manufacturing to the country amid concerns about China.
Foxconn, one of