Foxconn confirms intention to invest $ 5 billion in production in India

Foxconn was quick to allay fears that plans to create in India, mobile phones may be revised. The head of the company met with the leadership of Maharashtra, and confirmed the intention Foxconn to invest 5 billion dollars.

Recall, the original agreement was reached in August 1015.

According to local publication Business Line, now continues the selection of land, suitable for industrial production.

According to preliminary information, the company Foxconn in India will release the Apple iPhone.

Source: Digitimes

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