Apple supplier Foxconn is spending $5B on a factory in India

(By Devidutta Tripathy, Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics manufacturer and a key supplier to Apple, on Saturday signed a pact with India’s Maharashtra state to invest $5 billion over five years on a new electronics manufacturing facility. The announcement was made by Foxconn founder Terry Gou and Maharashtra Chief Minister Devendra […]...