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Foxconn plans to produce up to 30 million Apple iPhones in India by 2025.
Industry news indicates that Foxconn, the world's largest electronics manufacturer, plans to produce between 25 million and 30 million Apple iPhones in its India factory by 2025. This number will account for about 10-15% of Apple's annual iPhone production, achieving over 100% growth compared to the 2023 production level, marking significant progress in Apple's Global Strategy for supply chain diversification. Analysis suggests that this data means that Foxconn's iPhone production in India is expected to increase by 100%-150% year-on-year (with a 2023 production volume of approximately 12 million units), and Chennai.
Reports indicate that Fujifilm Holdings Corporation Unsponsored ADR will hold a seminar in Japan next month to introduce its Global Strategy for electric vehicles.
According to informed sources, Fujifilm Holdings Corporation Unsponsored ADR will hold a seminar in Japan on April 9 to introduce its electric vehicle Global Strategy. One source stated that this move aims to enhance Auto Manufacturers and suppliers' understanding of its electric vehicle Global Strategy. The source added that Jun Seki, Fujifilm Holdings Corporation Unsponsored ADR's Chief Electric Vehicle Strategy Officer, is expected to speak at the meeting. Jun Seki was a senior executive at Nissan and was hired by Fujifilm Holdings Corporation Unsponsored ADR in 2023. As the plan has not been made public, the sources requested anonymity. Earlier reports indicated that Fujifilm Holdings Corporation Unsponsored ADR has finalized agreements to produce electric vehicles for Mitsubishi, which will be sold in the Oceania market, including Australia.
Market Chatter: Mitsubishi Motors Eyes Foxconn for EV Manufacturing
NVIDIA CEO: In the next four years, it may invest hundreds of billions of dollars to purchase chips manufactured in the USA.
NVIDIA's CEO Jensen Huang stated that over the next four years, the chip manufacturer will invest hundreds of billions of dollars in chips and other electronic products produced in the USA. The company is currently facing the threat of tariffs from Trump and is shifting its supply chain back from Asia. As the Global Market Cap leading Semiconductors group, NVIDIA's massive spending forecast comes after Apple and other Technology companies announced significant investment plans in the USA. The impact of Trump's "America First" trade policy is affecting the Global economy. Huang stated, "Overall, we will procure approximately 5000 worth of ..."
Investors in Foxconn Industrial Internet (SHSE:601138) Have Seen Stellar Returns of 131% Over the Past Three Years
Nvidia Stock Rises as Foxconn's Sales Adds to Evidence AI Trade Is Alive and Well
