Published 18:06 IST, July 11th 2020
Is Foxconn from China? Read details about iPhone manufacturer set to invest $1bn in India
Foxconn has planned to invest to the tune of USD one billion in India, according to reports. People are now wondering is Foxconn from China?
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Amid ongoing anti-China sentiment almost all over world due to its poor handling of COVID-19 pandmeic, various Chinese apps and companies have also come under scanner for privacy concerns. Taking a straight swipe at apps based in China, India recently banned as many as 59 Chinese applications that apparently threaten privacy by misusing data of users. After latest ban, iPhone supplier Foxconn has planned to invest to tune of USD one billion in India, according to reports. People are w wondering is Foxconn from China?
Is Foxconn from China?
Foxconn, a Taiwanese electronic contract manufacturer, is t a Chinese company. Registered as Hon Hai Precision Industry Co., Ltd., company trades as Foxconn Techlogy Group and is better kwn as Foxconn. Taiwanese multinational electronics contract manufacturer has its headquarters in Tucheng, New Taipei City. Founded by Terry Gou, who is also chairman, company is largest private employer in Taiwan.
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Foxconn to invest $ 1 billion in India
Faxconn’s plan of investing $1 billion in India is touted to be Apple’s move to shift iPhone production away from China and hence reduce its dependence on country. move comes in wake of rising tensions between US and China. An international news ncy has reported that re is a strong request from Apple to its clients to move part of iPhone production out of China.
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Foxconn reportedly plans to expand operations at its Sriperumbur plant, currently responsible for iPhone XR production. Foxconn will add models to facility's assembly list over next three years, sources of news ncy said. While official confirmation has been made by Foxconn yet, move is also seen as a setback for China which already shares strained relations with Taiwan. A recent report suggested that Taiwan is even preparing for a possible end to a landmark trade deal with China.
India bans Chinese apps
India, on June 29, banned 59 Chinese apps “engd in activities which is prejudicial to sovereignty and integrity of India, defense of India, security of state and public order.” w Indian government has posed 79 questions to apps on varying topics including financing, data security, funds, parent company, harvesting data of Indians, according to sources. se companies which include TikTok, Helo and Xiaomi have been given 3 weeks' time to answer se questions.
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Among applications that will longer be accessible are TikTok, Shareit, UC Browser, Baidu map, Shein, DU Battery Saver, Helo, Likee, YouCam makeup, Mi Community, CM Browsers, Virus Cleaner, Apus Browser, among ors. Check out tweet featuring list of 59 Chinese apps:
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18:06 IST, July 11th 2020