Foxconn buys equipment from Apple unit for accelerated expansion in India

Foxconn, Apple’s key iPhone assembler, has accelerated its expansion in India by purchasing $33 million worth of equipment from an Apple unit over the past year.
The logo of electronics contract manufacturer Foxconn Technology Group, formally known as Hon Hai Precision Industry, is displayed at its headquarters in Taipei. Photo: Agence France-Presse
An Indian subsidiary of the Taiwanese company, Foxconn, acquired equipment from Apple Operations Ltd. for operational needs, according to a fi