How China’s Foxconn executive recall could reshape India’s electronics future

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Four people that Mint spoke with said that while the withdrawals may not lead to a major disruption of operations for Apple or Bharat Foxconn International Holdings Limited (FIH), at stake is India’s ability to expand its assembly lines without oversight from China-based technology experts, partners and stakeholders. For now, China’s move appears to be restricted largely to Rising Stars Hi tech—a wholly-owned subsidiary of Foxconn’s India unit, Bharat FIH, a senior government official said.

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How China’s Foxconn executive recall could reshape India’s electronics future


Four people that Mint spoke with said that while the withdrawals may not lead to a major disruption of operations for Apple or Bharat Foxconn International Holdings Limited (FIH), at stake is India’s ability to expand its assembly lines without oversight from China-based technology experts, partners and stakeholders. For now, China’s move appears to be restricted largely to Rising Stars Hi tech—a wholly-owned subsidiary of Foxconn’s India unit, Bharat FIH, a senior government official said.

The ‘net’…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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