Foxconn is going to invest in India again。Less than four months after its last exit from India, Foxconn has spent another $1.5 billion to build a new plant in India.。Is Foxconn, which has withdrawn its capital for a while and expanded for a while, looking for a way out for itself?？I think the high probability of their operation is also due to Apple's backing.。Although Foxconn has fallen out of favor in the field of contract manufacturing in the past two years, it is still Apple's largest contract manufacturer and is reluctant to place large orders from Apple.。And Apple had already planned to take the iphone17 production line out of China and leave it to India to start research and development to help India expand its production capacity.。So Foxconn's new plant in India is essentially to meet the operational needs of Apple suppliers.。I don't think we can underestimate India, which is backed by the United States to enjoy the cool.。But India is really a magical land, the ten billion subsidy plan announced the year before last to draw so many pie for foreign companies, to now have not spent a penny。But even so, there are still many companies to seek cooperation。In fact, Foxconn has already opened a number of investment projects in India in addition to the planned new plant.。So for many companies, India is a growing market, and everyone is eager to get a piece of it.。But it may be because of too much favor, India has been a bit of a drift in the past two years, but be wary of the fact that India to undertake the industrial transfer of refraction is the United States to neutralize the long-term strategy, Apple's expansion in the Indian market corresponds to the shrinking of China's production lines.。In the past four years, India's exports to the United States have increased by 44%, while China's exports to the United States have declined by 10%, so don't underestimate India。

According to media reports, Apple's Chinese supplier, Lixun Precision Industry Co., Ltd. (hereinafter referred to as "Lixun Precision"), has invested in an additional 3.$300 million, increasing its total local investment to 5.US $04 billion, the relevant departments of Vietnam's Beijiang Province announced the news on November 8。The investment plan immediately attracted the attention of several media outlets in India.。Indian media said that Lixun Precision had planned to use the investment to expand its business in India, but progress has been repeatedly hampered, and now the Chinese company has given up investing and building a factory in India, which is "India's loss, Vietnam's gain."。

On September 24, local time, according to Indian media reports, Apple plans to expand its production scale in India more than five times in the next five years, reaching about $40 billion。The source said Apple's output value in India exceeded $7 billion in the last fiscal year.。Apple already makes iPhones in India and plans to start making Airpods next year, with no current plans to make iPads or laptops in India.。Market research firm Counterpoint Research data show that in the second quarter of this year, India's high-end smartphone shipments accounted for 17% of total mobile phone shipments, a record high。Apple leads India's ultra-premium market with 59% share, and India is currently one of Apple's top five markets。

According to media reports, the release of the iPhone in the Indian market has been delayed for about a month in previous years, but this year will be one of the first markets for Apple's iPhone 15.。The Foxconn plant in the southeastern Indian city of Chennai will deliver the iPhone 15 in mid-September, and even if it doesn't go on sale at the same time, the delay is expected to be reduced to a few days.。