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Electronics Production |

Foxconn also to invest heavily in China

Foxconn to build a manufacturing facility in Chengdu, investing a rumoured $1 billion.

Hon Hai Group - partent company of EMS-provider Foxconn, is rumoured to invest in a new manufacturing facility in Chengdu, southern China. The company is said to invest as much as $1 billion in the new manufacturing hub. Alongside the manufacturing facility, the investment will also cover a campus area for the staff, Reuters India reports.

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April 15 2024 11:45 am V22.4.27-1
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