foxconn

foxconn will start making Apple's AirPods at its new Telangana facility in April. The first phase of the plant is complete and will create over 13,000 jobs. The initial units will be shipped to the US and Europe before targeting the domestic market. This makes it the second 'Made in India' Apple product after iPhones.

foxconn has unveiled its first large language model, FoxBrain, developed using Nvidia GPUs and Meta’s Llama 3.1 architecture. It is optimized for traditional Chinese and Taiwanese and will initially be used for internal applications, such as data analysis and code generation. foxconn plans to expand its use through collaborations and sharing open-source information.

US President Donald Trump disclosed that Apple CEO Tim Cook plans to shift manufacturing from Mexico to the US and will invest hundreds of millions of dollars. He mentioned that Cook will soon announce details, partly to avoid tariffs as a result of the US-China trade dispute.

Apple announces a $500 billion investment in the US, creating 20,000 new jobs. Initiatives include a new server facility in Houston, a manufacturing academy in Detroit, and expanded data centers. The investment follows CEO Tim Cook's meeting with President Trump, aiming to gain relief from tariffs on Chinese imports, with a focus on supporting American innovation.

Apple has unveiled a $500 billion investment plan for the US over the next four years, which includes a significant AI server factory in Texas and 20,000 new R&D jobs. This initiative aligns with Apple's ongoing commitment to American innovation and manufacturing. CEO Tim Cook's announcement follows a recent meeting with President Trump, amid ongoing US tariffs on Chinese goods.

India's mobile phone exports have increased by nearly 50% in the first 10 months of the financial year, led by iPhone production. Apple has significantly ramped up manufacturing, making India a global hub. Exports are expected to reach Rs 1.8 lakh crore by year-end, bolstered by government incentive schemes and boosted local production.

Tata Electronics is significantly expanding in North America, especially in California, with plans to hire over two dozen technical and sales professionals. This move comes after key acquisitions like Wistron InfoComm and Pegatron's India operations. The company is also diversifying beyond Apple, targeting other major smartphone and tech manufacturers.

Apple is reportedly in talks with Bharat Forge to expand its Indian supplier network. The potential partnership with the Pune-based manufacturer aligns with Apple's strategy to boost local production and reduce reliance on China. Apple already partners with Tata Group, Motherson Group, and Aequs, with iPhone production in India reaching $17.5 billion in 2024.

China is reportedly restricting the movement of employees and specialized equipment needed for high-tech manufacturing to India and Southeast Asia. This comes as companies like Apple and foxconn seek to diversify their production locations. Despite China's foreign ministry denying such actions, these measures appear aimed at limiting technology transfers and mitigating potential job losses.

Tata Electronics has acquired a 60% stake in Pegatron's India unit, which operates an iPhone plant in Tamil Nadu. This acquisition positions Tata Electronics as a significant Apple supplier in India. The company plans to collaborate with Pegatron Technology India and diversify its production to include components for Xiaomi and Oppo.

Apple is in discussions with Bharat Forge for manufacturing components in India, further expanding its supplier network. This move aims to enhance local value addition, reduce reliance on China.

China is restricting the movement of employees and specialized equipment for high-tech manufacturing to India and Southeast Asia, aiming to prevent production shifts due to possible US tariffs under President-elect Trump. The measures target technology transfers, potentially impacting companies like foxconn and affecting India's solar panel and electric vehicle manufacturing sectors. Beijing denies harmful actions, aiming to retain production and jobs.

Apple and foxconn urgently seek Indian government assistance due to severe delays of specialized manufacturing equipment at Chinese ports. These delays, persisting for months, could significantly impact India's electronics manufacturing expansion plans, especially for iPhone production, amid heightened India-China diplomatic tensions.

foxconn completes $230 million dormitory project in Tamil Nadu for its 41,000-strong workforce, mostly female, to live within proximity of their Chennai facilities. The complex comprises six 10-story residential blocks and special amenities like sports areas and a subsidized canteen, significantly improving living standards and convenience.

Apple has entered the top five smartphone brands in India for the first time, achieving a 9-10% market share during the September-December 2024 festive season. This growth is driven by local manufacturing efforts and strong iPhone sales, contributing to a 36% revenue increase in FY2023-24.

foxconn, seeking to mitigate potential US tariffs on Chinese imports, has spent millions expanding its global manufacturing operations. This includes significant investments in India, Mexico, and Thailand, along with a recent Texas land acquisition.

IBC is set to begin production at its new Giga Factory Unit in Bengaluru within nine months, investing Rs 390 crore and creating 300 jobs. The facility will manufacture lithium-ion cells locally for the first time in India, targeting small mobility solutions and future expansions. This project aims to boost Karnataka's economy, enhance advanced manufacturing, and reduce import dependency.