Foxconn Said to Invest $500 Million to Build Parts Plants in…

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BEIJING, August 4 (TiPost)— Apple’s major supplier Hon Hai Technology Group (Foxconn) is still seeking output expansion in India despite regulatory headwinds.Credit：Visual ChinaFoxconn is planning to invest almost US$500 million to build two factories in India, and at least one of them will land in Karnataka, a southern Indian state, and produce parts of iPhone and other Apple’s devices, Bloomberg r