Foxconn's Strategic $1.48 Billion Investment Spurs iPhone Surge in India
Published on: May 19, 2025, 9:58 p.m. | Source: Devdiscourse
Apple supplier Foxconn has invested $1.48 billion in its Indian unit, Yuzhan Technology, to boost iPhone production. This move aligns with Apple's strategy to source more iPhones from India for the U.S. market. Foxconn's revenue in India has doubled, fueled by increased iPhone output.
