Foxconn invest Rs 1,200 crore in Karnataka unit

Karnataka, August 2024. Electronics manufacturing giant Foxconn has infused about Rs 1,200 crore — approximately USD 144 million — into its Karnataka-based Foxconn Hon Hai Technology India Mega Development Pvt Ltd, the company said in a recent regulatory filing. The iPhone contract manufacturer’s Singapore-based arm Foxconn Singapore Pte has bought over 120.35 crore stocks of Foxconn Hon…

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