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Foxconn to invest $600 mn in K'taka for component, chipmaking units
short by Srishty Choudhury / on Wednesday, 2 August, 2023
Taiwan's Foxconn will invest $600 million in two manufacturing projects in Karnataka, including one which will be a partnership with US-based Applied Materials, the state government said. The two projects would create employment opportunities for 13,000 people in the state. Foxconn will invest $350 million to set up a unit to manufacture components for smartphones, including iPhones.
read more at Moneycontrol