Taiwan’s Foxconn seeks chip, EV cooperation with India

Source: reuters.com reuters.com

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TAIPEI, March 4 (Reuters) - Major Apple Inc (AAPL.O) supplier Foxconn (2317.TW) said on Saturday it was seeking cooperation in India in new areas like chips and electric vehicles (EVs) after a visit to the country by its chairman, Liu Young-way. Apple has been shifting production away from China after the country's strict COVID-19 restrictions disrupted the manufacturing of new-model iPhones and other devices, and amid tensions between Beijing and Washington. In January, India's trade minister said Apple, which began iPhone assembly in the country in 2017 through Wistron Corp (3231.TW) and later Foxconn, wants India to account for up...