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FOXCONN INVESTMENT CHENNAI
Foxconn infuses Rs 351 crore into India armIn a substantial development, Taiwanese electronics powerhouse Foxconn has committed an impressive USD 37.2 million (around Rs 351 crore) t...
Foreign investors eye Tamil Nadu as TVK moves to form govt; labour, policy key concernsForeign companies in Tamil Nadu are watching closely as a new government forms. Firms from Japan, South Korea, and Taiwan seek stable polic...
Thalapathy government? Why Vijay's historic rise in India's industrial powerhouse state matters for stock marketVijay’s TVK is set to reshape Tamil Nadu’s political landscape, prompting investors to assess what a “Thalapathy government” could mean for...
Tamil Nadu cabinet approves Foxconn's Rs 13,180-crore display module assembly unitFoxconn's investment was the single largest investment among 13 others that were approved by the Cabinet on Tuesday. The cumulative investm...
Yuzhan Technology lease out warehosuing space in Chennai after rise in exports of Apple iPhones in IndiaYuzhan Technology, part of Taiwan’s Foxconn Group, leases 550,000 sq. ft. of warehousing space at ESR Industrial Park in Chennai for Apple ...
Foxconn's subsidiary Bharat FIH to pump Rs 400 crore in Indian arm Rising StarsThe capital infusion in Rising Stars Hi Tech is seen as a "long-term investment for working capital and general corporate purposes."
Foxconn, Pegatron halt Indian iPhone production due to extreme weather: sourcesIn Tamil Nadu capital Chennai, the state's largest city and a major electronics and manufacturing hub, at least two people died and the run...
Foxconn tops up commitment for Telangana to $550 millionFoxconn's FIT Hon Teng's board has approved a $400m investment in Telangana, adding to its earlier commitment of $150m in the state. The mo...
Foxconn to invest Rs 1,600 cr in Tamil Nadu for electronics components mfg facilityFoxconn plans to invest Rs 1,600 crore ($194.45 million) to build a campus in the Kancheepuram district, near Chennai. The facility will be...
Tamil Nadu govt says Foxconn Hon Hai to invest Rs 1,600 crore to build facilityFoxconn Industrial Internet (FII) has denied reports of signing a deal with the Tamil Nadu government to develop a new electronic component...
Foxconn eyes $500 million mobile accessories unit in BengaluruThese discussions are a part of the company's ambitious expansion in India in areas which span from semiconductors to electric vehicles.
Foxconn unit in talks for $200 million components plant in Tamil NaduA Foxconn subsidiary is in talks with India's Tamil Nadu state to invest up to $200 million to build a new plant for electronic components ...
Taiwan's Pegatron inaugurates Chennai facility to make iPhonesRecently, Apple said Foxconn's Chennai facility will begin making the latest release from the iPhone line-up, the iPhone 14, bridging the g...
Foxconn looks to ramp up workforce on higher Apple orders, key licenceApple has got the government’s clearance for denotifying 40 acres inside Foxconn plant premises near Chennai, which would allow the company...
Foxconn plans plant expansion to manufacture iphones from Tamil NaduFoxconn will assemble the costliest models like iPhone X, taking Apple's business in India to a new level.
Duty sop in GST holds key to Foxconn's Nokia unit takeoverAs GST will subsume all state taxes, retention of the duty differential becomes key for Foxconn to survive, expand in India
Foxconn wants to keep off Nokia's legal, financial issuesFor fructifying a deal with Foxconn, Nokia will need to reach out to the Indian government, specifically the departments of revenue, income...
Government rings up Foxconn for sale of Nokia's Chennai plant; talks held with Terry Gou 10 days backA source said that it was necessary for revenue authorities and Nokia to see eye to eye on how to relieve this asset from tax wrangles for ...
Tamil Nadu asks Foxconn to revive Chennai plantTamil Nadu government has asked Taiwan-based electronic parts manufacturer Foxconn to resume some manufacturing activity at the three units...
With plans to invest $2 billion in India, iPhone maker Foxconn keen on Nokia's Chennai plantThe telecom & IT ministry has proposed that Nokia be allowed to sell the plant, frozen in a tax dispute, without passing on the legal liabi...