Foxconn plans a $1 billion display assembly unit in Tamil Nadu, India

[Deep State Indian]

Foxconn will invest $1 billion to set up a facility in Tamil Nadu to assemble smartphone display modules, The Economic Times reported. This will be the first display module unit Foxconn has built in India and will support Apple’s iPhone production. Other manufacturers like Pegatron or Tata Electronics may also be able to use components from this facility, the report added.

Foxconn plans to invest $1 billion in Tamil Nadu for a smartphone display module facility, supporting Apple’s production and potentially benefiting other manufacturers. This unit aims to reduce supply chain delays and costs, enhancing delivery times for brands.(Reuters)

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An executive told the outlet that setting up local assembly units could reduce supply chain delays and costs which would benefit brands by shortening delivery times. Foxconn secured 500,000 square feet at an industrial park in Oragadam, near Chennai, which is next to its existing smartphone assembly plant.