Foxconn, which already makes phones for Xiaomi Corp in India, will invest 25 billion Indian rupees ($356 million) to expand the plant, including investment in iPhone production. For Apple, widening assembly beyond China is critical to mitigate the risks of the Sino-U.S. trade war. https://stockmarketnews.today/2018/12/27/apple-will-begin-assembling-its-top-end-iphones-in-india-through-the-local-unit-of-foxconn-as-early-as-2019/
Submitted December 27, 2018 at 10:36AM by AALERa http://bit.ly/2Q6jVLU
