Dive into the tech & future
A joint venture of Indian conglomerate Vedanta and electronics manufacturing giant Foxconn has finalised the Dholera Special Investment Region near Ahmedabad city of Gujarat for setting up their semiconductor and display manufacturing facility, a senior state government official said on Monday. In the biggest ever corporate investment in the history of independent India, a joint … Read more
Anil Agarwal-led Vedanta on Monday named industry veteran David Reed to head its semiconductor unit where it is looking to invest $20 billion (nearly Rs. 1,65,600 crore) to manufacture chips essential for mobile phones to laptops and TV sets. In an interview with PTI, Agarwal said the group is looking to start manufacturing semiconductors at Dholera in … Read more
Apple wants India to account for up to 25 percent of its production from about 5 percent – 7 percent now, Commerce and Industry Minister Piyush Goyal told a conference on Monday, as the iPhone maker continues to move its manufacturing away from China. “Apple, another success story,” Piyush Goyal said, pitching India as a … Read more
Foxconn, the world’s largest contract electronics maker, said on Thursday output at its iPhone plant in China had “basically returned to normal” and December revenue, down 12.3 percent year-on-year, marked the start of a recovery. Production of Apple iPhones faced disruption ahead of Christmas and January’s Lunar New Year holidays, after curbs to control COVID-19 … Read more
Foxconn’s COVID-hit iPhone plant in China’s Zhengzhou city is almost back to full production, with its December shipments reaching about 90% of initial plans, two people with direct knowledge of the matter said. Foxconn, formally Hon Hai Precision Industry Co Ltd, declined to comment. Production at the world’s largest manufacturing facility of Apple Inc’s iPhones … Read more
Foxconn, the company that assembles Apple’s iPhones, has announced easing of Covid-19 restrictions at its Zhengzhou factory in central China. The Covid-19 restrictions led thousands of workers to protest and quit, which eventually slowed the production at the iPhone city. Multiple reports cited a statement on one of its official WeChat as saying that the … Read more
The company that assembles Apple’s iPhones has announced it is easing COVID-19 restrictions at its largest factory in China that led thousands of workers to quit and drastically slowed production. Foxconn Technology said in a statement on one of its official WeChat social media accounts that it would end the so-called “closed loop” system at … Read more