iPhone Maker Plans $700 Million India Plant in Shift from China

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 […]