This time the American company persuaded Foxconn to invest in India a billion dollars. Everything to make a possible trade war between the US and China is not affected by any factories in China, nor those in Taiwan. Investment will plant in the Indian town of Sriperumbudur. Now it is waiting for the expansion, Foxconn will employ there are 6 thousand people. Currently, the plant produces iPhone XR.
Foxconn is the largest company in the technology industry, though not developing, for example, own smartphones. It employs nearly 700 thousand people, for comparison, the Samsung boasts only 300 thousands of employees. The Taiwanese company manufactures products for different brands, but most often we write about it in connection with the new iPhone.