This story was first published on the Benzinga India Portal.
Taiwanese electronics major Hon Hai Precision Industry Co Ltd (OTC: HNHPF), better known as Foxconn, has reportedly begun the production of Apple Inc’s (NASDAQ: AAPL) upcoming iPhone 15 in Tamil Nadu, India as the smartphone giant looks to close the gap between shipments from India and China.
What Happened: The manufacturing of the latest edition of the iPhone is taking place at a Foxconn plant in Sriperumbudur, the Times of India reported. The latest move aligns with Apple’s ongoing efforts to diversify its manufacturing away from China, as it looks to …
