Foxconn to build $700 million iPhone plant in India

Apple manufacturing partner Foxconn plans to invest $700 million on an iPhone-focused plant in Bengaluru, India — a move to reduce reliance on China.iPhone production to continue to shift to IndiaFoxconn is a Taiwanese company with factories across mainland China and Taiwan. The company is one of several in Apple's supply chain that is seeking to reduce its reliance on production in China by looking to India. Read more...