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foxconn News & Updates - July 3, 2024


Foxconn invites bids for construction of chip assembly plant in India
Infrastructure   -  Feb 07,2024
Foxconn seeks bids for constructing a chip assembly and testing plant in India, in partnership with HCL Group. The project, with an initial investment of Rs 1,200 crore, is led by subsidiary Foxconn H .


Dell, HP, Foxconn among 27 firms granted approval under new IT hardware PLI scheme
Manufacturing   -  Nov 20,2023
The Central government approves 27 companies, including Dell, HP, and Foxconn, under the new PLI scheme for IT hardware, signaling India's ambitions to become a global hub for hi-tech manufacturi .


Kaynes Technology factory to employ around 2,000 people directly
Manufacturing   -  Oct 07,2023
Kaynes Technology plans to establish an outsourced semiconductor assembly and test (OSAT) and compound semiconductor plant in Telangana, a significant development for India's semiconductor indu .


Foxconn gets approval for $400 million investment in Telangana
Manufacturing   -  Aug 16,2023
Foxconn, a major electronics contract manufacturer, has received board approval for a $400 million investment in Telangana, where it is already constructing a $500 million manufacturing site. The tota .


US-based Advanced Micro Devices to invest $400 million in India in next five years
Manufacturing   -  Jul 31,2023
US chipmaker, Advanced Micro Devices (AMD), plans to invest $400 million in India, establishing its largest design center in Bengaluru over the next five years. AMD's Chief Technology Officer, Ma .


Foxconn subsidy in talks for establishing $200 mn components plant in Tamil Nadu
Manufacturing   -  Jul 28,2023
A Foxconn subsidiary is in talks with Tamil Nadu, India, to invest up to $200 million in a new electronic component manufacturing facility in the southern region. Foxconn Industrial Internet (FII) has .


Foxconn unit in talks for $200 mn components facilities in Tamil Nadu
Manufacturing   -  Jul 27,2023
Foxconn Industrial Internet (FII), a subsidiary of Foxconn, is in talks with the Tamil Nadu government to invest up to $200 million in establishing a new electronic component manufacturing facility in .


Process of giving land to Foxconn mobile manufacturing unit nearing final stages
Manufacturing   -  Jul 17,2023
The process of allocating land to Foxconn, a Taiwanese electronics manufacturing company and Apple Inc. supplier, for their mobile device manufacturing plant in Karnataka, India, is nearing completion .