Foxconn has signed an agreement to manufacture Apple AirPods and is set to build a $200 million factory in India.
Foxconn is a massive electronics manufacturer that produces products for many companies, including Apple. In fact, they’re responsible for producing 70% of all iPhones in the world! It looks like the relationship between Foxconn and Apple will continue to grow, as Foxconn has signed an agreement to produce AirPods for Apple. To accommodate this, the company will be building a brand new $200 million factory in India. Here are the details…Apple supplier Foxconn wins AirPod order, plans $200 million factory in India
Foxconn has signed an agreement to manufacture Apple’s AirPods and is set to build a $200 million factory in India. This deal marks Foxconn’s debut in AirPods production, reflecting the company’s push to diversify beyond China, where AirPods are currently made by various suppliers. As we mention above, the company is responsible for assembling around 70% of all iPhones.
