Taiwan's Foxconn seeks chip, EV cooperation with India

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Major Apple Inc supplier Foxconn said on Saturday it was seeking cooperation in India in new areas like chips and electric vehicles (EVs) after a visit to the country by its chairman, Liu Young-way.

"On the basis to share, collaborate and thrive together, Foxconn will continue to communicate with local governments to seek the most beneficial development opportunities for the company and all stakeholders," Liu added.

He did not mention any new concrete investment plans in the country, and Foxconn has not announced any since his trip.at another site in the southern Indian state of Karnataka, and 300 acres have been aside to set up a factory, the state government said on Friday. Currently, iPhones are assembled in India by at least three of Apple's global suppliers - Foxconn and PegatronOur Standards:

 

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