Taiwan's Foxconn Chairman Young Liu to visit India, expand iPhone production, and partner with HCL Group for chip manufacturing after receiving Padma Bhushan Award.

Taiwanese electronics giant Foxconn's Chairman Young Liu plans to visit India this year following the receipt of the Padma Bhushan Award from the India Taipei Association. The award, India's third-highest civilian honor, recognizes Liu's significant contributions to local economies in India. Foxconn's total investment in India is estimated between USD 9-10 billion, with plans to expand its iPhone production facility and partner with HCL Group for chip manufacturing.

July 05, 2024
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