Follow us
Foxconn to invest US$600 mn in Karnataka for components, chipmaking machinery
Foxconn will also invest US$ 250 million in a second plant where it aims to produce chipmaking tools in partnership with Applied Materials.
5831 Views
Taiwanese firm Foxconn will invest US$ 600 million in two manufacturing projects in Karnataka, including one which will be a partnership with U.S.-based Applied Materials, a state government statement said, as reported by Reuters.
The company will invest US$ 350 million for manufacturing components for smartphones, including for iPhones. It will also invest US$ 250 million in a second plant where it aims to produce chipmaking tools in partnership with Applied Materials, a key player globally in the semiconductor equipment making industry.
RELATED ARTICLES
Volvo Cars Kosice Plant Gets Dürr Final Assembly Technology
Eshisha Java
04 Sep 2026
Dürr will supply automated final assembly, filling, testing and conveyor systems for Volvo Cars’ new electric vehicle pl...
MT Thunder 4 SV launched with ECE 22.06, ISI, DOT
Eshisha Java
04 Sep 2026
MT Thunder 4 SV launched in India at Rs 13,699, with ECE 22.06, ISI and DOT certification, a retractable sun visor and S...
Hyundai Sees EVs Leading Powertrain Shift, Hybrids Emerging as Next Diesel
Autocar Professional Bureau
04 Sep 2026
CNG will remain focused below ₹15 lakh, while diesel will continue to serve SUV and long-distance users, says Tarun Garg...
