Apple supplier Foxconn wins AirPod order, plans $200 million factory in India

Foxconn secures AirPod order, plans new factory in India

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Foxconn Wins Airpod Order, Plans To Build $200M Plant In India - Apple (NASDAQ:AAPL), Hon Hai Precision (OTC:HNHPF)

Apple to start making Airpods in India, Foxconn to set up $200 million factory for it in Telangana

Foxconn has won a new contract to manufacture Airpods for Apple. For that, the Taiwanese manufacturing giant will set up a new factory in India's Telangana, at a cost of $200 million. Up until now Airpods were being made by a number of smaller manufacturers in China.

Apple supplier Foxconn wins AirPod order, plans $200 million factory in India, sources say

The deal will see Foxconn become an AirPod supplier for the first time and underlines its efforts to further diversify production away from China.

Apple supplier Foxconn to produce AirPods at a new plant in India

Foxconn will invest more than US$200 million in the new AirPods plant in the southern Indian state of Telangana, sources told Reuters.

Apple supplier Foxconn wins AirPod order, plans $200 million factory in India: Report

Taiwanese contract manufacturer Foxconn has won an order to make AirPods for Apple Inc and plans to build a factory in India to produce the wireless earphones, two people with direct knowledge of the matter told Reuters.