iPhone supplier Foxconn will build a factory in India, moving away from China: Report

iPhone supplier Foxconn will build a factory in India, moving away from China: Report

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Foxconn , one of Apple' s largest suppliers and a major manufacturer of iPhone components, will invest around $700 million to build a new plant in India's Karnataka state, Bloomberg reported Friday. The report comes as U.S. companies continue to reevaluate their reliance on China in the wake of…

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