Apple supplier Foxconn bets big on India, US; gets Taiwan approval to invest $2.2 billion; new factory in India to produce iPhones

Foxconn has received approval to invest over $2.2 billion in India and the United States. A significant portion, $1.49 billion, will establish an iPhone manufacturing facility in India, supporting Apple's production shift. Additionally, $735 million will be invested in the US for data center equipment production, expanding Foxconn's global footprint beyond China.

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