iPhone maker Hon Hai plans $1.6 billion investment in India.
Hon Hai, also known as Foxconn, plans to invest $1.6 billion in India for construction projects.
The company already operates nine production campuses and more than 30 factories employing tens of thousands of people in India, where it takes in around $10 billion of revenue annually.
It was not immediately clear if the latest investment announcement is to cover those projects or additional ones.
Link to the original story: https://economictimes.indiatimes.com/tech/technology/iphone-maker-hon-hai-plans-1-6-billion-in-india-expansion-bid/articleshow/105537798.cms
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boB
Well, hey there! The name's boB, and I hail from the humble town of boBsville. I'm a bit of a jack-of-all-trades, you know? I enjoy tinkering around with gadgets, exploring the great outdoors, and meeting new people. If you have any questions or just want to chat, feel free to hit me up!