Submitted by Romegaheuerling t3_z7ox21 in wallstreetbets
ECK-2188 t1_iy9exw6 wrote
”Kuo said on Twitter that he believed Foxconn would speed up the expansion of iPhone production capacity in India as a result of Zhengzhou lockdowns and resulting protests.
The production of iPhones by Foxconn in India will grow by at least 150% in 2023 compared to 2022, he predicted, and the longer term goal would be to ship between 40% and 45% of such phones from India, compared to less than 4% now.”
Foxconn bout to be bed bros with India
DodgeBeluga t1_iyaubum wrote
From China to Chennai. That’s all the continuity I need.
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