Foxconn may produce iPhone in India: report
The Economic Times reported on Saturday that the Foxconn Technology Group ( ) will soon invest in three new production units in India that could be used in part to assemble iPhones for Apple.
Foxconn, also known as Hon Hai Precision Industry Co. ( ) in Taiwan, is planning production facilities in Gujarat and Uttar Pradesh provinces and a trial unit geared toward R&D and new product development in Andhra Pradesh, the report said.
An unidentified source told the paper that booming smartphone sales have encouraged Foxconn, which is Apple’s biggest contractor for phone production, to produce Apple smartphones in India even though its most recent venture in the country ended in failure.
A Foxconn subsidiary shuttered three plants producing Nokia handsets in the Chennai area late last year, a move that drew the ire of about 1,700 employees who were laid off.
Foxconn, which currently assembles Apple products primarily at its production bases in China, declined to comment directly on the reported move when asked about it by CNA.
A spokesman for the company in Taipei did say that India is becoming an increasingly important part of the global market and that the company will continue to seek appropriate strategic partnerships and investment opportunities on the Indian subcontinent.
The Economic Times report also said that Foxconn has hired Josh Foulger, a senior Nokia executive with experience in setting up a Nokia plant in Chennai, to oversee the company’s plans to renew production efforts in India.