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Foxconn to invest $600 million in Karnataka for components, chipmaking machinery
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Taiwan's Foxconn will invest $600 million in two manufacturing projects in Karnataka, including one which will be a partnership with U.S.-based Applied Materials, a state government statement said.Foxconn will invest $350 million to set up a unit to manufacture components for smartphones, including for iPhone, said the statement, first being reported by Reuters.
The world's largest contract manufacturer will also invest $250 million in a second plant where it aims to produce chipmaking tools in partnership with Applied Materials, a key player globally in the semiconductor equipment making industry.
. Read more on economictimes.indiatimes.comAbout this in other media
Apple supplier Foxconn increases Telangana investment proposal: ‘Another US$400 million is coming…’ livemint.com /9 months ago
Apple supplier Foxconn ups its investment proposal in Telangana to $550 million economictimes.indiatimes.com /9 months ago
Foxconn to invest $600 million in Karnataka for iPhone component and semiconductor facilities economictimes.indiatimes.com /9 months ago
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