Hon Hai Precision Industry Co., an electronics manufacturer also known as Foxconn, has received regulatory clearance from Taiwan’s Ministry of Economic Affairs (MOEA) to invest approximately USD 1.49 billion in India through its Singapore-based subsidiary, Foxconn Singapore Pte. Ltd. The investment will be routed to Yuzhan Technology (India) Private Ltd., a company established to set […]
Foxconn, a manufacturer of of electronic components and consumer products, is planning to set up an iPhone enclosure manufacturing facility in Oragadam, Tamil Nadu, according to a report by The Economic Times. The proposed unit will be located within the ESR Industrial Park, near Foxconn’s upcoming display module assembly plant, which is nearing completion. Until now, […]
Hon Hai Precision Industry Co. has invested approximately USD 1.5 billion into its India operations as part of a long-term investment strategy to expand iPhone production capabilities. The investment, executed through subsidiary Foxconn Singapore Pte Ltd, involved the acquisition of shares in Yuzhan Technology (India) Private Limited and a significant capital increase. The investment comes […]
Nippon Seiki and Emerging Display Technologies Corporation (EDT) have signed an agreement to establish a joint venture in India for the manufacture of automotive Thin-Film Transistor Liquid Crystal Display (TFT LCD) modules. The new entity, EDT-India Private Limited, will be based in Sri City Industrial Park, Andhra Pradesh, with construction of the manufacturing facility set […]
The Union Cabinet has approved the establishment of a semiconductor manufacturing unit near Jewar airport in Uttar Pradesh. The project is a joint venture between HCL and Foxconn and is expected to attract an investment of INR 37 billion. The facility will focus on manufacturing display driver chips used in devices such as mobile phones, […]
Dixon Technologies (India) Limited has entered into a joint venture agreement with Taiwan-based Inventec Corporation to manufacture notebook PCs, desktop PCs, components, and servers in India. The newly formed entity, Dixon IT Devices Private Limited, will be held 60% by Dixon and 40% by Inventec. The JV has not yet commenced business operations, and its […]
Optiemus Electronics Ltd. has entered into an agreement with Taiwan-based ASRock Inc. to manufacture ASRock’s enterprise and gaming desktop motherboards in India. Manufacturing began in April 2025, and the products are expected to be available in the domestic market from May 2025. The partnership aims to cater to domestic demand while expanding Optiemus Electronics’ product […]
Tata Electronics has started iPhone manufacturing at its new plant in Hosur, Tamil Nadu, producing older iPhone models on one assembly line. This marks a significant expansion in Apple’s manufacturing footprint in India as it shifts production capacity away from China. Alongside Tata, Foxconn is set to begin operations at a new USD 2.6 billion […]
Wistron Corporation has partnered with Shapoorji Pallonji for the construction of a laptop manufacturing facility in Bengaluru, according to a Financial Express report. The project is part of a INR 15 billion investment by Wistron through its subsidiary ICT Service Management Solutions and is expected to begin operations by January 2026. The construction contract is […]
Foxconn has acquired machinery worth USD 32.26 million to support Apple product manufacturing in India, according to a regulatory filing by its subsidiary, Foxconn Hon Hai Technology India Mega Development. The procurement comes amid reported delays in equipment shipments from China and restrictions on work rotations for Chinese employees at Foxconn’s Indian facilities. The latest […]
