NEW DELHI | TAIPEI: Foxconn plans to invest up to $1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, two sources said. The move, the scale of which has not previously been reported, is part of a quiet and gradual production shift by Apple away from China […]Read More
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The revision could bring anywhere between $3 and $7 billion of capital flows in Indian equity market over a period of time, says MD, Kotak AMC. Tell us what the secret is. Are markets able to foresee some great news in the future or are they simply divorced from reality? In the short term, it […]Read More
New Delhi: While the home ministry has allowed manufacturing of IT hardware across the country, restoration of mobile phone production will now depend on the action of state governments, industry body ICEA said on Friday. The mobile phone industry body, whose members include firms like Apple, Foxconn, Wistron, Flextronics, Xiaomi, Vivo, Oppo, Huawei and Lava, […]Read More