Foxconn, the largest foundry of Apple, the largest founding factory in China and the United States, stated that it plans to double the number of investment and employees in India.
According to Bloomberg, Foxconn India representative Li Jiaen (V Lee) posted a post on Sunday to congratulate Indian Prime Minister Modi at the 73rd birthday, and said that the plan to double the scale of the company in India.But he did not provide more details.
Li Jiaen said: "We will work harder to send you a larger birthday gift next year. The goal is to double the number of employees in India, foreign direct investment (FDI) and business scale."
Reports pointed out that Foxconn's expansion in India shows that China is facing the risk of losing its status in the world's largest consumer electronics products.Apple and other American brands are exploring other production sites that can replace China, such as India and Vietnam.
According to Bloomberg earlier, Foxconn plans to build factories on a 300 -acre land near the capital of Kanatak, the capital of Kanatak, South India.The factory may assemble Apple's mobile phones and is expected to create about 100,000 jobs.
A person familiar with the matter told Bloomberg that Foxconn plans to produce components that will produce iPhone such as iPhone such as iPhone.
Foxconn Chairman Liu Yangwei reiterated the company's intended to increase investment in India last month.The company has operated nine production parks and more than 30 factories in India, and has hired tens of thousands of employees.Liu Yangwei said that the company is in the early stage of expansion in India, but its annual revenue has reached about $ 10 billion (S $ 13.6 billion).
