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Hon Hai India gets $1.5-billion push to raise iPhone output
Financial Express Mumbai
|May 20, 2025
HON HAI PRECISION Industry, the main manufacturer of Apple's iPhones, will inject $1.5 billion into its India unit as production shifts away from China.
The Taiwan-based company said in an exchange filing on Monday that it had made the investment through its Singaporean subsidiary. Hon Hai, which is building new plants and adding production capacity in southern India, didn't immediately respond to an emailed request for comment.
This story is from the May 20, 2025 edition of Financial Express Mumbai.
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