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Foxconn invests another $500 million in India business

In a stock exchange filing in Taiwan on Thursday, Foxconn said its Singapore subsidiary will deploy the capital. The move follows Foxconn, also known as Hon Hai, picking up pace to expand its smartphone production capacity in India as key partner Apple begins locally producing the current generation iPhone units in the country. (More to follow)   Foxconn invests another $500 million in India business by Manish Singh originally published on TechCrunch

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