Foxconn to produce Xiaomi phones in India - report

Wednesday 24 June 2015 | 16:27 CET | News
Taiwan-based Foxconn Technology Group will start producing Xiaomi phones at a factory in Sri City in the Andhra Pradesh circle. Foxconn plans to set up 10-12 factories in India, each with at least 10,000 employees, as part of an initial investment of USD 2 billion over the next five years, The Economic Times reports. The Sri City plant will have a production capacity of about 10,000 phones per day. Foxconn will make smartphones, tablets, televisions, routers, set-top boxes and printers among other products in India, said an unnamed person with knowledge of the plans.

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Categories: Mobile & Wireless
Companies: Foxconn / Xiaomi
Countries: India
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