A delegation led by Foxconn's Hon Hai Precision Industry Company Limited representative, Lee met the Chief Minister at Dr BR Ambedkar state Secretariat on Tuesday.
Hon Hai Technology Group (or Foxconn) signed a Letter of Intent to set up a new mobile components manufacturing facility at a cost of Rs 1,600 crore in Kanchipuram district in the presence of Tamil Nadu Chief Minister MK Stalin on Monday.
In 2022, the shipment volumes of iPhones manufactured in India increased by 65 per cent year on year. In addition, the value of iPhones rose by 162 per cent.
In response to a tweet by Hon Hai Technology Group (Foxconn), the Prime Minister tweeted; "Had a good meeting with Young Liu. Our discussions covered various topics aimed at enhancing India's tech and innovation eco-system."
The Ministry of Economic Affairs has said that Hon Hai, which is 99.99 per cent owned by Shanghai-listed communication network equipment subsidiary Foxconn Industrial Internet Co. (FII), could face a fine of up to Taiwanese Dollars 25 million.
Zhengzhou is the same Chinese city, where the company operates the world's largest iPhone assembly complex and where the bulk of the world's iPhone Pro handsets are assembled, The Strait Times reported.
Taipei [Taiwan], February 18 (ANI): E-commerce giant Amazon.com Inc. plans to work with Taiwan's Hon Hai Precision Industry Co. as part of the American company's first manufacturing operation in India.