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Foxconn, the Taiwanese contract manufacturer, is considering investing approximately $1 billion in establishing a smartphone display module assembly unit in Tamil Nadu, according to informed sources. This facility will be the first of its kind for Foxconn in India, with the primary goal of serving Apple's iconic iPhone.
Foxconn is set to establish the new display module assembly unit in India, alongside its plans to assemble Google Pixel phones in the country. This strategic move is seen as a step towards streamlining Foxconn's expanding smartphone business in India, while also aiming to dominate in various sectors such as ICT, EVs, batteries, and semiconductors.
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