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Brand Cheng - 1 Foxconn - 1 Young Liu - 1 Praveen - 1 Sarah Wu - 1 Aditya Kalra - 1 Richard Chang - 1
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Search resuls for: "Praveen Paramasivam Munsif Vengattil"


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☆ Foxconn unit in talks for $200 mln components plant in India's Tamil Nadu -sources
  + stars: | 2023-07-26 | by ( Praveen Paramasivam Munsif Vengattil | Praveen Paramasivam | Munsif Vengattil | ) www.reuters.com   time to read: +2 min
CHENNAI, India, July 26 (Reuters) - A Foxconn (2317.TW) subsidiary is in talks with India's Tamil Nadu state to invest up to $200 million to build a new plant for electronic components in the southern region, two sources with direct knowledge told Reuters on Wednesday. Foxconn, the world's largest contract electronics manufacturer, and a spokesperson for Tamil Nadu's industries department declined to comment. Foxconn already has a sprawling campus near Chennai city in Tamil Nadu where it assembles Apple's (AAPL.O) iPhones. Foxconn is also in talks with western Gujarat state as it eyes entry into India's semiconductor sector. Last week, Karnataka state government in south India said it held talks with FII, which had committed to invest $1.07 billion for a new plant.
Persons: Brand Cheng, Foxconn, Young Liu, Praveen, Sarah Wu, Aditya Kalra, Richard Chang Organizations: Reuters, Foxconn Industrial, Tamil, FII, Thomson Locations: CHENNAI, India, Tamil, Chennai, Tamil Nadu, Gujarat, Karnataka, Bengaluru, Taipei
☆ Apple supplier Foxlink unlikely to resume full India operations for two months
  + stars: | 2023-02-28 | by ( Praveen Paramasivam Munsif Vengattil | Praveen Paramasivam | Munsif Vengattil | ) www.reuters.com   time to read: +3 min
[1/2] A view of damaged Apple supplier Foxlink is seen after a fire at its assembly facility in Tirupati district in the southern state of Andhra Pradesh, India, February 28, 2023. A second source familiar with the developments said that Foxlink was a key supplier for Apple in India, and "there could be potential supply chain disruptions for iPhones made in India or shipped from India". Apple and Foxlink did not immediately respond to requests for comment. The incident is the latest problem to hit Apple suppliers in India, from where it is increasingly ramping up manufacturing and exports. Employees said the Foxlink factory makes charging cables used in iPhones, but it was not immediately clear if Apple has other suppliers for the cables in India.
☆ Apple supplier Foxlink unlikely to resume full India operations for two months-source
  + stars: | 2023-02-28 | by ( Praveen Paramasivam Munsif Vengattil | Praveen Paramasivam | Munsif Vengattil | ) www.reuters.com   time to read: +1 min
[1/2] A view of damaged Apple supplier Foxlink is seen after a fire at its assembly facility in Tirupati district in the southern state of Andhra Pradesh, India, February 28, 2023. REUTERS/Praveen ParamasivamCHITTOOR, India, Feb 28 (Reuters) - Apple (AAPL.O) supplier Foxlink's factory in southern India is unlikely to resume full operations for two months after a fire incident, raising concerns of supply chain disruptions for the iPhone maker, a source with direct knowledge told Reuters on Tuesday. The facility in India's Andhra Pradesh state, where Foxlink makes charging cables for iPhones, was engulfed in a massive fire on Monday that led part of the building to collapse to the ground. A source with direct knowledge said that Foxlink operates a total of 10 assembly lines in two separate facilities at the plant in Andhra, of which 4 were completely damaged and unlikely to resume operations for two months. Reporting by Munsif Vengattil and Aditya Kalra in New Delhi, and Praveen Paramasivam in Tirupati, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
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