Foxconn to Invest $1 Billion in India Following ‚Strong Request‘ From Apple [Report]


Foxconn is planning to invest $1 billion to expand an iPhone assembly plant in Southern India, reports Reuters.
The move is part of a quiet and gradual shift of production away from China as Apple attempts to minimize the effects of the trade war between America and China.
“There’s a strong request from Apple to its clients to move part of the iPhone production out of China,” one of the sources with direct knowledge of the matter told Reuters.

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