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Foxconn eyes further investment in India as it sees bright outlook there

Taiwan’s Foxconn is planning further investment in India and may announce details in the next few months as the world’s largest contract manufacturer views the outlook there very favourably, its chairman said on Tuesday. Foxconn already makes smartphones in India for Apple Inc and Xiaomi Corp, though in March said it suspended production due to […]

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Business

iPhones made in the US

President Donald Trump is considering a new round of tariffs specially for the iPhone’s. The proposed tax could be anywhere between 10% to 35%. Which means that the basic iPhone XS model in the United States could rise by US$350. Apple will eventually pass this additional bill to its consumer, making the iPhone even more […]