After winning Apple contract, Foxconn to build factory in India

Robert Besser
19 Mar 2023, 23:02 GMT+10

After winning an order to manufacture wireless AirPods earphones for Apple for the first time, Taiwanese company Foxconn is planning to build a factory in India.
As AirPods are currently made by various Chinese suppliers, the deal between Apple and Foxconn highlights the overall direction to shift production away from China.
Foxconn Interconnect Technology Ltd., a subsidiary of the company, aims to construct a manufacturing plant in Telangana in the second half of 2023, which is to begin production by the end of 2024.

TAIPEI, Taiwan: Reuters reported that after winning an order to manufacture wireless AirPods earphones for Apple for the first time, Taiwanese company Foxconn is planning to build a factory in India.

As AirPods are currently made by various Chinese suppliers, the deal between Apple and Foxconn, the world's largest contract electronics maker and assembler of some 70% of all iPhones, highlights the overall direction to shift production away from China.

Foxconn will invest more than $200 million in the new India AirPod plant in the southern state of Telangana, the report said, adding that for some months, Foxconn officials had debated whether to assemble AirPods due to their relatively lower profit margins, but decided to do so as the deal will "reinforce engagement" with Apple.

Foxconn and fellow Taiwanese rivals, such as Wistron and Pegatron, are in competition to win more orders from Apple, the world's most valuable company.

Foxconn Interconnect Technology Ltd., a subsidiary of the company, aims to construct a manufacturing plant in Telangana in the second half of 2023, which is to begin production by the end of 2024.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Afghanistan Sun.

More Information

null in null

International

Section

Honduras to end diplomatic relations with Taiwan

TEGUCIGALPA, Honduras: In what could signal the end of his country's decades-long relations with Taiwan, Honduran foreign minister Eduardo Enrique ...

Focus on Chinese abuse of Uyghurs by US House

WASHINGTON D.C.: A new US Congressional committee focusing on China held its second hearing on the alleged abuses of the ...

Latest California storm causes 5 deaths in Bay area

SAN FRANCISCO, California: A new round of extreme winter weather that hit California, also drifted into neighboring Southwest states, with ...

Near-misses causes US to warn airlines, pilots to be on greater alert

WASHINGTON D.C.: After several high-profile near collision incidents, the US Federal Aviation Administration (FAA) has issued a safety alerts to ...

In rare move, Cambodia arrests two for insulting king

PHNOM PENH, Cambodia: Two Cambodian opposition figures--- Yim Sinorn and Hun Kosal--- have been charged under the country's rarely used ...

Deaf student can sue for denial of education, says US Supreme Court

WASHINGTON D.C.: The US Supreme Court has ruled that a deaf student in Michigan can sue his public school district, ...

Central Asia

Section

Despite promises, girls again barred from schools in Afghanistan

KABUL, Afghanistan: Afghanistan's education ministry has announced that the country's school year has begun, but the United Nations children's agency, ...

"Neutral" China cozies up to Russia and proves its untrustworthiness

Hong Kong, March 27 (ANI): Chairman Xi Jinping, China's paramount leader for life, arrived in Moscow on March 20 to ...

ITF Mysuru Open: Six Indian players qualify for main draw of competition

Mysuru (Karnataka) [India], March 27 (ANI): Six Indian players qualified for the main draw of the International Tennis Federation (ITF) ...

"Seniors didn't get their deserved respect": Pakistan's Shadab makes big statement following T20I series loss to Afghanistan

Sharjah [UAE], March 27 (ANI): Pakistan stand-in skipper and all-rounder Shadab Khan believes plenty of positives will come from his ...

Despite recent diplomatic efforts, Pakistan-Taliban ties face more challenges

Kabul [Afghanistan], March 27 (ANI): Despite recent diplomatic efforts, the relationship between Pakistan and the Taliban is expected to face ...

Suicide Blast in Kabul Kills 6

Islamabad - Taliban authorities in Afghanistan said Monday that a suicide bomb blast outside the foreign ministry in the capital, ...