Indian Defense
Which operations were cancelled by Foxconn when it has no plant in India?
THE INDIAN GOVERNMENT ROBBED XIAOMI AND VIVO. And when it tried to rob BYD, BYD decisively withdrew.
Please do not represent BYD. thank you. BYD exports products to India but does not invest.
Is this news Banned by Xi in China?
thephilox.com
Here we analyze why Foxconn left it's India chip making project
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Foxconn: Apple supplier drops out of $20bn India factory plan
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Annabelle Liang
Business reporter
Reuters
Apple supplier Foxconn has pulled out of a $19.5bn (£15.2bn) deal with Indian mining giant Vedanta to build a chip making plant in the country.
The move comes less than a year after the companies announced plans to set up the facility in Prime Minister Narendra Modi's home state of Gujarat.
Some analysts say it marks a setback to the nation's technology industry goals.
However, a government minister says it will have no impact on the country's chip making ambitions.
"There was recognition from both sides that the project was not moving fast enough," Taiwan-headquartered Foxconn said in a statement.
"There were challenging gaps we were not able to smoothly overcome, as well as external issues unrelated to the project," the firm added.
Earlier on Tuesday, Foxconn told the BBC that the decision was made in "mutual agreement" with Vedanta, which has assumed full ownership of the venture.
It added that it would "continue to strongly support the government's 'Make in India' ambitions".
New Delhi-based Vedanta said it had "lined up other partners to set up India's first [chip] foundry".
"The surprise pull-out of Foxconn is a considerable blow to India's semiconductor ambitions," Paul Triolo from global advisory firm Albright Stonebridge Group told the BBC.
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"The apparent cause of the pull-out is the lack of a clear technology partner and path for the joint venture," he added. "Neither party had significant experience with developing and managing a large-scale semiconductor manufacturing operation."
However, Rajeev Chandrasekhar, India's Minister of State for Electronics and Information Technology, said on Twitter that Foxconn's decision had "no impact on India's semiconductor fab[rication] goals. None."
Mr Chandrasekhar added that Foxconn and Vedanta were "valued investors" in the country and "will now pursue their strategies in India independently".
iPhone enclosures? Meaning the cases for the phones? This is an injection molded plastic item, or sometimes made with aluminum. Tata Hosur plant used to make watches, they can make these.Tata Electronics looks to double Apple iPhones enclosures production in India to one lakh
Story by TOI Business Desk
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Tata Electronics is substantially increasing its iPhone enclosure manufacturing capacity at their Hosur facility, according to sources familiar with the matter. The production expansion initiative by Tata Electronics aligns with recent declarations from Apple CEO Tim Cook regarding India's future role as the primary manufacturing destination for US-bound iPhones.
"For the June quarter, we do expect the majority of iPhones sold in the US will have India as their country of origin," Cook said during Apple's Q1 earnings call on May 1.
"Tata Electronics is looking to double its existing capacity of around 50,000 enclosures," one person told ET. "The ramp-up will likely take place ahead of the product launches that Apple does around September every year. This is Phase II of the build-out at the Hosur facility."
The source indicated that before the September last year fire incident at the unit, Tata Electronics had reached a production capacity of approximately 50,000 enclosures. The fire incident necessitated a temporary halt to their swift expansion plans.
Tata Electronics looks to double Apple iPhones enclosures production in India to one lakh
"It took some time for them to get back on track post the fire," another person said. "But the capacity is at pre-fire levels now."
Vietnam will be the primary source for nearly all iPad, Mac, Apple Watch and AirPods products destined for the US market.
The announcement regarding India by Cook signified a crucial change in the production approach of the Cupertino-based organisation, confirming its intention to diversify manufacturing operations beyond China.
Apple's India-based suppliers are actively pursuing this manufacturing opportunity.
Also Read | Turnaround from importer to exporter! India now shipping Apple product components to China & Vietnam
Tata Electronics acquired a majority 60% ownership in Pegatron Technology India (PTI) earlier this year. This followed their previous acquisition of Wistron's India operations (situated in Narsapura, Karnataka) in March 2024. These moves indicated the company's efforts to enhance its position in Apple's global value chain (GVC).
Additionally, the financial daily reported last week that Jabil, another Apple supplier, planned to increase its AirPods casings production in India.
These developments indicate Apple's broader strategy to expand its supplier network beyond China, considering global tariff uncertainties and the ongoing trade tensions between Washington and Beijing.
Foxconn's Indian operations have significantly benefited from this shift. The Taiwanese contract manufacturer has substantially increased its mobile assembly investments in India, with further growth anticipated.
The organisation is establishing a substantial factory in Bengaluru and has launched a new facility in Hyderabad focused on AirPods production, demonstrating its expansion into diverse manufacturing sectors in India.
Also Read | Dealing with Trump’s tariffs: Apple exports 97.6% of iPhones to US from India to preempt higher tariffs on imports from China
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