BloomberFoxconn plans to invest about $ 700 million (about S $ 943 million) to build a new factory in India to increase the local property.

It is reported that the Taiwan company plans to build factories on a 300 -acre land near the capital of Kanatak State Capital near South India to produce iPhone parts.

Some people familiar with the matter said that the factory may also assemble Apple's mobile phones, and Foxconn may also use the factory to produce some components for the company's new electric vehicles.

People familiar with the matter also said that Foxconn's new production base in India is expected to create about 100,000 jobs.The company currently hires about 200,000 employees in Zhengzhou's huge iPhone assembly plant.

It is reported that this is one of the largest single investments in Foxconn in India so far, highlighting that China is facing the risk of losing its status in the world's largest consumer electronics production country.

According to earlier reports of Bloomberg, one of Apple's most important partners, AirPods manufacturer Goger, said that Apple's Chinese supplier transferred overseas production capacity to overseas production capacity faster than many observersIt is expected to be influenced by the upgrading of the tension between China and the United States.

The increasing expansion of the Sino -US conflict has triggered the re -consideration of the supply chain of the electronic industry for decades.In the years of the implementation of the crown -clearing policy in China, epidemic prevention measures have seriously curbed various supply from mobile phones to cars.