September 28, 2026
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Tag : Foxconn

Technology

India weighs $11 billion fund to boost chipmaking

omandailynews.com
NEW DELHI: India is preparing a new fund worth more than 1 trillion rupees, or about $11 billion, to support domestic semiconductor production, according to a report published Thursday. The report said the proposed funding would provide subsidies for chip design projects,...
Technology

Apple partner Foxconn buys 13 million square feet site in Bengaluru for production expansion

omandailynews.com
Foxconn, the leading Apple supplier, has acquired a massive 1.2 million-square-meter (13 million-square-foot) property on the outskirts of Bengaluru, India, according to a statement issued to the London Stock Exchange. The purchase, located in Devanahalli near the airport for the...