Supply ChainTaiwan's Foxconn to invest 'billions' in India expansion push
Key iPhone assembler says full-year sales will decline amid slow PC and server recovery
Foxconn currently has nine campuses in India, including more than 30 factories and roughly 20 dormitories for tens of thousands of employees. © Getty Images
LAULY LI, Nikkei Asia tech correspondent
August 14, 2023 19:08 JST
TAIPEI -- Key iPhone assembler Foxconn plans to invest "several billion" dollars in India to increase production of electronics components in the country as global tech companies push to diversify their supply chains and suggested even more investment could follow.