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Apple lobbies India to change tax law seen hindering its expansion

October 15, 2025 6:59 pm

The income tax law, however, does not bother Apple's South Korean rival Samsung as almost all of its phones are made in its own Indian factories.

In an exchange filing at the London Stock Exchange earlier this week, Foxconn said it was investing $1.49 billion in one of its India units, Yuzhan Technologies (India) Pvt Ltd.

Foxconn third-quarter revenue hits record, misses market forecast

October 06, 2025 10:04 am

Strong AI demand led to robust revenue growth for its cloud and networking products division.

India imposed restrictions on Chinese investments, banned hundreds of popular Chinese apps and cut air passenger routes between the two countries. (Image: Reuters)

India sees no major impact on Foxconn from pullback of Chinese employees

September 13, 2025 11:01 am

Foxconn, formally known as Hon Hai Precision Industry, asked hundreds of its engineers and technicians from mainland China to return home from its operations in India.

In the first five months of this year, Foxconn has already sent iPhones worth $4.4 billion to the US from India

Foxconn asks Chinese workers at India iPhone factory to return home: Report

July 03, 2025 1:35 pm

According to the Bloomberg report, Foxconn has also informed the Indian government about its move of withdrawing its Chinese staff.

Apple has historically sold more than 60 million iPhones in the U.S. each year, with roughly 80% made in China.

Foxconn sends 97% of India iPhone exports to US as Apple tackles Trump's tariffs

June 13, 2025 9:49 am

India iPhone shipments by Foxconn to the United States in May 2025 were worth nearly $1 billion, the second-highest ever after the record $1.3 billion worth of devices shipped in March, the data showed.

An attendee holds two iPhones 16 as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024.

All Apple iPhones sold in the US could soon be ‘Made in India’. This is iPhone’s story in India – and in China

April 25, 2025 6:05 pm

The iPhones sold in the US are made in China or India, in a roughly 4:1 ratio. Where are India and China situated in the iPhone manufacturing process? And why does Apple want to pivot away from China towards India now?

The iPhone 16 Pro features a 6.3-inch Super Retina XDR OLED display with a 120Hz ProMotion display (Express Image)

Apple airlifts 600 tons of iPhones from India 'to beat' Trump tariffs

April 10, 2025 4:23 pm

Analysts have warned that U.S. prices of iPhones could surge, given Apple's high reliance on imports from China.

Total revenue in September alone reached T$733 billion, up 10.9% year on year and the second-highest ever level for the month.

Foxconn unveils its first large language model named 'FoxBrain'

March 10, 2025 7:04 pm

It is Taiwan's first large language model with reasoning capabilities that is optimised for traditional Chinese and Taiwanese language styles.

foxconn, job ads, business news, chennai, indian express

Foxconn tells India recruiters: Nix marital status in iPhone job ads

November 18, 2024 1:30 pm

Foxconn, which employs thousands of women at the iPhone factory at Sriperumbudur, near Chennai, outsources recruitment of assembly-line workers to third-party vendors.

Major Apple supplier Foxconn expected to report strong Q3 results on AI boom

November 14, 2024 12:21 pm

Last month, the company said third-quarter revenue jumped 20% from a year earlier, beating expectations to post its highest-ever revenue for that quarter on strong sales of AI servers.