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Foxconn will invest over $2.2 billion in India and the US, with $1.49 billion for iPhone production in India and $735 million for server equipment in the US. The move diversifies its supply chain beyond China, boosts Apple’s India output, and aligns with ‘Make in India’ incentives, marking a strategic shift in global electronics manufacturing.
short by / 02:00 pm on 29 Jun
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