FIT injects US$400 million into Indian subsidiary

Jingyue Hsiao, DIGITIMES Asia, Taipei Monday 14 August 2023 0

Credit: AFP

Foxconn Interconnect Technology (FIT), a subsidiary of Foxconn Group, announced a capital injection to its Indian subsidiary, as Foxconn Group has been scaling up its Indian investments in mobile phones, semiconductors, and EV manufacturing.

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