The Knives Are Out in China’s EV Industry

The Wall Street Journal

Top Apple Supplier Plans Major India Expansion

NEW DELHI— Apple main manufacturer, Foxconn Technology Group is considering a major expansion in India, including possibly assembling millions more iPhones and setting up new production sites as it seeks to further diversify beyond China. Foxconn is set to expand production of iPhones at its existing plant near Chennai, in the southern Indian state of Tamil Nadu, people familiar with the matter said. Foxconn also plans to build a new production facility in the southern Karnataka state, where it would make products including iPhones, people familiar with the matter said.

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