iPhone Maker Plans $700 Million India Plant in Shift from China
Apple Inc. partner Foxconn Technology Group plans to invest about $700 million on a new plant in India to ramp up local production, people familiar with the matter said, underscoring an accelerating shift of manufacturing away from China as Washington-Beijing tensions grow. The Taiwanese company, also known for its flagship unit Hon Hai Precision Industry […]
Apple Looks Beyond China’s ‘iPhone Factory’ as Flirtation Sour
Taipei, Taiwan – Scenes of chaos erupted at Apple supplier Foxconn’s mega factory in Zhengzhou, China, last month as workers, angered by COVID-19 quarantine and unpaid wages, scuffled with security personnel. The unprecedented protests in “iPhone City” have caused significant delays for the latest iPhone models at the end of the year, Apple’s busiest sales […]