Foxconn Invests $1.5Bn as Apple Moves iPhone Production to India
TECHi 2025-05-20
Summary:
Foxconn, the main iPhone producer for Apple, is investing $1.5 billion in India as it moves iPhone production out of China. Such a decision is necessary as trade and tariff disputes between the US and China rise, pushing Apple and its suppliers to lessen their reliance on China. Why India? Mixing Strategy Due to Trade […]