Samsung, Apple Partners win India’s approval for domestic smartphone production

Samsung and Apple’s 3 major manufacturing partners – Foxconn, Wistron, Pegatron – are among the 16 firms to win $6.65b incentives under India’s federal plan to boost domestic smartphone production over the next 5 years. These firms will be producing smartphones/electronic components worth more than $143B, creating as many as 200,000 direct and 600,000 indirect employment opportunit

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