One of the FoxConn production facilities in India: FoxConn
Since Trump criticizes Apple for the production of Foxconn the iPhone in India, the supplier ensured the approval of the government for the new semiconductor factory. Foxconn is already planning to double the IPhone production in India by the end of 2025, but now it is going to expand the production of displays for smartphones and other consumer electronics.
according to CNBC, approval is intended for the joint venture Foxconn and HCL groups. The approval comes with the government investments in the amount of $ 433 million, although it is unclear what the total cost of the plant will be.
it is known that the plant should be built in Uttar-Pradesh, in Northern India. It is expected that the object will be executed by 2027, according to the Indian Minister of Information Ashvini Vaishnaau.
The plant is planned to produce up to 20,000 plates per month. Based on this, it is expected that it will be up to 36 million driver chips.
according to Techcrunch, but the plant will initially not be a chip manufacturing plant. Instead, it will be a semiconductor assembly and a test (OSAT).
yet there are no signs that the Foxconn plant will make or collect semiconductors for Apple. Nevertheless, Minister Vaishnaau says that India hopes that this deal will lead to the country creating processors for Apple.
Partnership with the HCL Group for the construction of Foxconn Foxconn plans in February 2022 Foxconn in February 2022. However, Foxconn left the transaction in July 2022 for uncertain reasons.
Separately subsidiary of the HCL, HCL Infosystems, previously IPhone distributor in India. In 2018, however, he lost a contract because Apple updated his list of Indian distribution firms.
