iPhone maker to invest $1.5 billion in India

Government

Foxconn will increase its production of phones in the South Asian nation to mitigate tariff risks iPhone maker Foxconn will invest $1.5 billion in India in attempt to mitigate tariff risks, the Taiwanese electronics manufacturer revealed in a London Stock Exchange filing .  Foxconn’s Singapore subsidiary will make this investment in its Indian subsidiary Yuzhan Technology India, according to the filing. Yuzhan Technology India, Foxconn’s unit in the southern state of Tamil Nadu, currently

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