Making More Iphones In India Tricky But In Hand Says Foxconn
Foxconn has today shared its ambitious plans to make more iPhones in India — just as we get official confirmation that Chinese-made models will face 15% tariffs from December. Foxconn currently has two assembly plants in India and says that it plans to expand those as well as open two more… Bloomberg reports that Trump’s trade war with China, supposedly designed to encourage companies to manufacture in the US, is instead simply persuading them to look for the next low-cost production base....