Friday, 24 March, 2023

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

<p>Samsung and Apple&rsquo;s 3 major manufacturing partners &ndash; Foxconn, Wistron, Pegatron - are among the 16 firms to win $6.65b incentives under India&rsquo;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</p>