Apple’s iPhone manufacturer to invest $1.5 billion in India

Apple’s iPhone manufacturer to invest $1.5 billion in India

Apple’s main iPhone manufacturer, Foxconn, is set to invest an additional $1.5 billion in India. This move comes as Apple aims to reduce its reliance on China as a production hub. Foxconn’s decision to invest in India will help Apple diversify its supply chain and potentially tap into the country’s growing consumer market. The investment reflects the tech giant’s commitment to expanding its presence in India, a key emerging market.

TIS Staff

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