Pegatron is experiencing its second factory closure in recent months, with a previous interruption in iPhone assembly due to a fire in September
Foxconn has expanded its presence in India, investing in manufacturing facilities in the south, aligning with Apple's strategy to diversify production beyond China
Foxconn has set an ambitious target to double its India employment, investment and business size in one year
Taiwan’s Foxconn and Pegatron have stalled production of Apple iPhones at their facilities near Chennai due to heavy showers triggered by cyclone Michaung, Reuters reported, citing sources close to the matter.
The torrential downpour impacted the city’s major electronics and manufacturing hub, cars lay submerged and prompted the closure of the airport.