• Foxconn To Investment Additional $400 Million In Telangana Manufacturing Facility

    Source: abpLive Foxconn announced an additional investment of $400 million in the state of Telangana. The Board of Directors of FIT Hon Teng Ltd (commonly known as Foxconn) has given its nod to the additional investment, V Lee, Foxconn India’s representative, revealed in a Linkedin post. Foxconn, a prominent Taiwan-based contract manufacturer, and Apple’s primary supplier, […]

    Major fire breaks out at Apple supplier Foxlink

    Source: Deccan Chronicle Tension prevailed in the Electronic Manufacturing Cluster-I in Vikruthamala under Yerpedu Mandal in Tirupati district on Monday, after a massive fire broke out at the manufacturing facility of Foxlink India Electric Private Limited, which makes cables for Apple iPhones. However, a quick response from the fire and rescue services personnel and police […]

    Flex expands in India

    Global supply chain and manufacturing solutions provider Flex on Wednesday announced opening a global business services (GBS) centre in Coimbatore. This is Flex’s third GBS centre in India besides existing facilities in Chennai and Pune.Located at the KGISL SEZ in Saravanampatti, the facility has a capacity of around 800-1000 people across shifts. Like other Flex GBS centres, this will […]

    Foxconn to pay US$330,000 in fines to Taiwan for unauthorised investment in mainland China’s Unigroup

    The Taiwan government on Thursday fined Foxconn Technology Group, the world’s largest contract electronics manufacturer, NT$10 million (US$330,000) for investing in a mainland Chinese chip firm without seeking regulatory approval. The Investment Commission under the island’s Ministry of Economic Affairs said the company’s unauthorised acquisition of stakes in Beijing-based Tsinghua Unigroup in July violated the Cross-Strait Act. Article […]

    NOTE is growing further with a world-leading customer in China

    NOTE has won a new customer in China. The customer is a world-leading company in cutting and welding where NOTE will manufacture PCBA for existing and future product generations. The plan is to start serial production in 2022. The partnership is thought to have a good potential and is estimated to amount to a value […]

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