MobileInc42about 8 hours ago
iPhone Maker Foxconn Invests $37.2 Mn In India Subsidiary
3 min read
Foxconn's Singapore subsidiary acquired 351.73 million shares in its India unit for $37.2 million. The long-term investment, funded through private capital, supports Foxconn's expansion plans in India amid Apple's supply-chain diversification and India's push for domestic electronics production.
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