background Layer 1

Foxconn to invest $500 million to build AirPods manufacturing plant in India

Apple supplier Foxconn of Taiwan will invest $500 million to build a plant in the Indian state of Telingana, said K.T. Ramo Rao, Minister of Information Technology of the territorial unit.

Foxconn's investment should lead to the creation of 25,000 jobs in the first phase of the project to produce wireless headphones Apple AirPods.

In March, Reuters already reported on Foxconn's plans to build an AirPods manufacturing facility in India. The Taiwanese company assembles about 70% of iPhones, but Foxconn has not yet produced AirPods in its factories.

Apple's supplier intends to erect a factory in Telingang in the second half of 2023 and start production in late 2024.

Apple seeks to reduce its dependence on factories in China, since last year anti-coveting measures by local authorities led to a halt in production of iPhones and other company products. In addition, the corporation seeks to avoid negative consequences from increased tensions between Beijing and Washington.

In late March, the leadership of the Indian state of Karnataka approved investment from Foxconn in the amount of more than $ 960 million. The company plans to build a plant and create 50 thousand jobs.

In mid-April, Apple reported an increase in iPhone production in India to 7%. The total amount of smartphones assembled in the country has exceeded $7 billion. At the current rate of production Apple aims to increase the share of iPhones manufactured in the country to 25% by 2025.

The discussion begins with the assertion that every company will eventually be forced to adopt AI. AI adoption varies across industries, with some seeing it as imperative for staying competitive, while for others, it's less of an immediate need.  New technologies like MLOps, data pipelines, autonomic databases, and predictive analytics help to improve the overall governance risk.

The international IT professionals' community has announced the 'Top 100 IT Leaders' project. It is a global initiative that allows top IT managers to share their experience, expand their professional network and showcase the best digitalization practices of their companies. Here we will answer the basic questions about the project.

The editors of Global CIO discussed with Ahmet Hakan Göral, CIO at Boutique Rugs and winner of the Project of the Year 2023 contest, his current projects, the approach to digital transformation and the specifics of the role of CIO in retail.

April was full of new initiatives from vendors as well as some fascinating news on the technology front. With Olympics in Paris approaching, more  news will be flowing in from the capital of France.

We use cookies for analytical purposes and to deliver you the best experience with our website. Continuing to the site, you agree to the Cookie Policy.