Chennai, July 13 2020: Sriperumbudur on the outskirts of the Tamil Nadu capital may be the first beneficiary of an anti China wave that is being felt in both Indian and the US.
The Trump governments pressure on Apple to move its manufacturing of iPhones out of China is seeing early results: Reuter reports that Apple’s contract manufacturer, Foxconn is to invest $1 billion afresh to beef up its IPhone manufacturing lines in Sriperumbudur where it assembles iPhones in the Rising Stars Mobile India plant.
This is Foxconn’s second India plant for contract manufacturing mobile phones: It also operates a plant in Sri City, Andhra Pradesh for Chinese company Xiaomi.