BusinessNews

Foxconn Expands Global Footprint with $144 Million Share Acquisition in India, Boosts Investments in US, Mexico, and Europe

The significant share acquisition aims to increase the capital of the Indian unit, aligning with Foxconn’s broader strategy of scaling up its operations beyond smartphone manufacturing. Liu highlighted the company’s ambitions to advance in sectors such as information and communication technology (ICT), electric vehicles (EVs), energy, and digital health. In addition to the Indian investment…
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