Foxconn to Invest $1 Billion in India Amid Strong Push From Apple

Apple supplier Foxconn plans to invest $1 billion in India to expand a factory that assembles iPhones, reports Reuters.
One source told Reuters that Apple has been pushing Foxconn and other suppliers to move production outside of China. The move will ultimately help the company in diversifying its supply chain in an effort to reduce its reliance on Chinese manufacturing amidst the ongoing trade war between China and the United States.Foxconn's investment is being made in the Sriperumbudur plant,