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Foxconn to double workforce, investment in India by 'this time next year'

Taiwan-based Foxconn, the world s largest contract manufacturer of electronics, has expanded its presence in India by investing in manufacturing facilities in southern states, including an iPhone factory in Tamil Nadu, as the company seeks to move away from China. ....

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Foxconn looking to work with STMicro to build India chip plant

Prime Minister Narendra Modi has pledged $10 billion to woo chipmakers, promising his administration will bear half the cost of setting up semiconductor sites. That effort has prompted US memory chip firm Micron Technology Inc. to announce a $2.75 billion assembly and testing facility in Modi’s home state of Gujarat. ....

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