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Foxconn to invest $600 million to build two factories in India, creating nearly 20,000 jobs

According to media reports, the government of Karnataka state in southwestern India said that Foxconn, a major supplier of Apple, will invest in two projects in the state, totaling $600 million, for chip equipment manufacturing and iPhone case parts manufacturing.。It has signed a letter of intent with Foxconn, which will invest about 3.$500 million to invest in an iPhone case assembly plant in the state and invest about 2.$500 million for semiconductor manufacturing equipment projects。

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