Foxconn Industrial Internet (FII), a subsidiary of Foxconn, is in discussion with Tamil Nadu state in southern India to invest up to $200m in a new plant for electronic components. The giant contract electronics manufacturer, which already has an assembly plant for Apple iPhones near Chennai city, is looking to enter the Indian semiconductor sector.
‘Foxconn unit in talks for $200 million components plant in Tamil Nadu’
Foxconn Industrial Internet (FII), a subsidiary of Foxconn, is in discussion with Tamil Nadu state in southern India to invest up to $200m in a new plant for electronic components. The giant contract electronics manufacturer, which already has an assembly plant for Apple iPhones near Chennai city, is looking to enter the Indian semiconductor sector.