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.
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.
The state-of-the-art facility uses environmentally friendly processes and has the capacity to disassemble 15,000 end-of-...
Operating revenues surge by 336.62% in FY23.