Foxconn invests in new Indian factory for iPhone production
Taiwanese Foxconn, known for its iPhone production, is investing $700 million in a factory in Karnataka, India. That factory should create 100,000 jobs for the country and mean that Apple will become less dependent on China for the production of iPhones.
According to the government, the 300-hectare factory will actually produce iPhones, writes Reuters. Apple’s phones are already produced at two other locations in the country. The new factory will be added to that. About 5 to 7 percent of iPhones now come from India, but if the government of that country has its way, that will be increased to 25 percent. It is not known when the factory can open its doors.
Apple has faced shortages in iPhone production in recent months. This was due to the corona pandemic; a Foxconn factory in the Chinese city of Zhengzhou was unable to operate at full capacity due to a lockdown. That lasted almost a year and caused Apple to warn of longer delivery times for its latest iPhone 14 Pro and Pro Max. In addition, Apple may want to make itself less vulnerable to political tensions between the United States and China.