Stay updated with breaking news from Interconnect Technology. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Foxconn's India representative V Lee posted on LinkedIn photos of the recently concluded Hon Hai Technology Day 2023 that took place on October 18 and captioned it, "Great event with so much India ambitions, beginning of the Bharat era, devoting to EVs and semiconductors."
ET had reported that in its annual report published on May 31, Foxconn said India will assist with the establishment of a production line this year to provide two-wheeled electric vehicle manufacturing services to cater to Southeast Asia's EV two-wheeler market.
Speaking to reporters in Taipei on Wednesday, Liu said that Foxconn will have an EV factory in India very soon and added that the company has plans to build EV factories in Ohio and Thailand.
Foxconn's FIT Hon Teng's board has approved a $400m investment in Telangana, adding to its earlier commitment of $150m in the state. The move comes as part of the Taiwan-based technology contract manufacturer's expansion plans in India, which range from semiconductors to electric vehicles. Last week, the company signed an agreement to build a manufacturing facility for electronic components at an allotted site in Tamil Nadu, after announcing only a day earlier it would invest $600m in two manufacturing ventures in Karnataka.
The DMI program is supported by the IEEE Microwave Theory and Techniques Society (MTT-S), which aims to stimulate the interests among undergraduate or tertiary students to bridge the pathway to the development of future wireless communications and sensing systems.