Tuesday, May 9, 2023

iPhone Maker Foxconn Buys Massive Piece of Land in Bengaluru to Diversify Production

Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China. Also known by its official name, Hon Hai Precision Industry, Foxconn is the world's biggest contract electronics manufacturer and a principal assembler of...

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