Foxconn Singapore invested $37.2 million to increase its stake in Foxconn Hon Hai Technology India Mega Development Ltd. to 99.9%. The investment supports its “3+3+3” growth strategy and expansion in India. Foxconn plans to strengthen manufacturing, automation, and AI capabilities while expanding iPhone production and boosting capacity across its Indian operations. The company also expects strong demand for AI-related products to support future growth.
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Foxconn Singapore Increases Stake in India Unit With $37.2 Million Investment
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