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Foxconn has comprehensive plan for AI, covering hardware to integration

Foxconn has comprehensive plan for AI, covering hardware to integration
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IPhone Maker Foxconn Set Up Plant Electronic Components Tamil Nadu Rs 1,600 Crore Investment Brand Cheng

IPhone Maker Foxconn Set Up Plant Electronic Components Tamil Nadu Rs 1,600 Crore Investment Brand Cheng
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Foxconn unit in talks for $200 million components plant in Tamil Nadu

Taiwan-based Hon Hai Technology Group, the subsidiary of Foxconn Industrial Internet (Fii), is in talks with the Tamil Nadu government to invest around $200 million to set up an electronic components unit in the state. According to a Reuters report, FII, which makes communication, mobile network and cloud computing equipment, has shared the plan with the Tamil Nadu state officials. Business Standard had reported last week that Fii s chief executive officer (CEO) Brand Cheng met Tamil Nadu Chief Minister M K Stalin and Minister for Industries, Investment Promotion and Commerce TRB Rajaa.

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Foxconn Eyeing 200 Mn Electronic Equipment Plant In Tamil Nadu

FII’s plan is to initially invest USD 180 million to USD 200 million in the facility, with the goal of completing the plant by 2024 and making further investments afterward, , foxconn, manufacturing, Electronics manufacturing, iphone

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Foxconn unit in talks with Tamil Nadu govt for a new plant, $200 mn investment: Report

The Foxconn plant is expected to be complete by 2024, and there is likely to be further investments. A final decision is yet to be made.

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