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The main manufacturer for Apple Foxconn, a new 37 billion Indian Cabinet of Ministers’s office ($ 435 million) was approved to establish a country with the country’s IT giant HCL group. The deal is the latest action to reduce Apple’s reliability to China and produce more components in India.
In 2027, Uttar will be located in the northern province of Jewelry and will be launched in 2027, the plant will result in a screen driver plugs for mobile phones, cars, cars, computers and other devices. The screen manages how to show driver chips, images of screens, text and videos.
However, since India does not have an advanced chip production facilities, this plant will not immediately be used to the chip, but first of which will be used as a semiconductor assembly and test (OSAT) object. This means that another place is to provide packaging and testing services for chips produced, a worker approved by the TECKCRUNCH.
Vaishnaw, however, starting from the Screen Panel chips, which will be tested by this facility, hopes that it can prepare factories that can develop apple devices, which can strengthen apples.
“Once there is this section, screen panel [manufacturing] It will also come to India, “he said.
However, the deal is another step to diversify apples to deepen ties with China and India. A few days after Apple CEO Tim Cook came to the announcement of this contract Apple manages the trade uncertainty of a road The United States and China were more production and installation of India.
At that time, it implies that the cooking, the deepening of relations with India, the company will not be obliged to raise prices on their devices due to tariffs In any case, the increase in weight, said.
Apple already has Doubled in India To collect local iPhone Export to the United States and other markets. The company plans to expand the Indian production base by preparing other devices, including other devices Aircraft.
The Minister did not confirm the properties of the incentives that Foxconn will offer in this joint venture in this joint venture. In the state of the state Semiconductor schemeThe Indian government provides financial support covering 50% of capital expenditures for a company for a company.
In January last year, Foxconn’s Assistant Hai Technology Indian Mega Development Plans announced Invest $ 37.2 million for 40% share In a joint venture with HCL.
The latest approval comes eight months after the new Delhi Greenlit A Offer by Kayn SemiconA subsidiary of Bengaluru’s caynes technology, 33 billion Rupees ($ 386 million) to create a semiconductor institution in the West Western State Sanand.
Indian government in February last year Approved by 1,26 trillion Indian rupees ($ 15 billion) to build the first three billion dollar incentive plants in 2021, including the first semiconductor Fab.
Currently, the second phase of the Indian government’s semiconductor Program is what the second phase of the Program, Vaishnaw waits to share information on Wednesday.
