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iPhone manufacturer Foxconn buys $33 million worth of equipment from Apple

Apple manufacturing partner Foxconn has boughtUS $33 million worth of equipment from an Apple unit for its operations in India over the past year, “signaling the key iPhone assembler’s accelerating expansion in the country,” reports The Times of India. An India
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Foxconn Invests in India, Procures $33M Equipment from Apple to Boost Local Operations

Hon Hai Precision Industry Co Ltd (OTC: HNHPF) Foxconn Technology Group has bought $33 million of equipment from an Apple Inc (NASDAQ: AAPL) unit for its operations in India since 2022. An Indian subsidiary of the Taiwanese company acquired equipment from Apple Operations Ltd for operational needs, Bloomberg cites a regulatory filing. Also Read: Morgan Stanley Is Bullish on India's Growth Potential for Apple, Expects Strong Revenue and User Growth Foxconn's leading customer Apple somet...
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Source: yahoo.com

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