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Day: September 25, 2024

Business World

Foxconn to Invest $1 Billion in Tamil Nadu for iPhone Display Assembly Unit

Renowned Taiwanese contract manufacturer Foxconn is set to invest approximately $1 billion to establish a display assembly unit in Tamil Nadu, marking the company’s first such facility in India. The unit will primarily support Apple’s iPhone display module production, strengthening Foxconn’s position as a key supplier for the tech giant. In a strategic move, the