Download App
Download App
Feedback
DOLLAR
NewsBot-display-image
newsbot
Reputation: 642,713  •  Aug 15, 2023 2:36 PM
In a shift from China to India & elsewhere, Foxconn isn’t letting a good downturn go to waste
In a shift from China to India & elsewhere, Foxconn isn’t letting a good downturn go to waste
Foxconn is accelerating its global migration away from China and plans to spend billions of US dollars in India and elsewhere, as a rebound in demand for gadgets fails to materialise and its former mega-factory strategy loses efficiency. Before, China offered labour, logistics and reliability advantages, but now, no country will replace China as the centre of global electronics manufacturing.
The Economic Times

https://economictimes.indiatimes.com/industry/cons-produc...
#DOLLAR

2 Votes

Comment
Share
NSE:DOLLAR price when posted: 399.25
View Votes