Apple assembler Foxconn plans to quadruple Indian workforce in next 24 months

Apple assembler Foxconn plans to quadruple the workforce of its iPhone factory in India over two years, Reuters reports citing “two government officials with knowledge of the matter” who said China’s COVID lockdown disruptions were a key reason for Foxconn’s decision.

The logo of electronics contract manufacturer Foxconn Technology Group, formerly known as Hon Hai Precision Industry, is displayed at its headquarters in Taipei. Photo: Agence France-Presse

Reuters:

Foxconn has been in the headlines in recent weeks, with strict virus restrictions at its factory in Zhengzhou, the world’s largest iPhone plant, disrupting production and fueling concerns about the impact of virus policy. of China on global supply chains.

The disruptions prompted Apple to lower its forecast for shipments of high-end iPhone 14 models this week, weakening its sales outlook for the busy holiday season.

Taiwan-based Foxconn now plans to increase the workforce at its southern India factory to 70,000 by adding 53,000 more workers over the next two years, said the sources, who declined to be named because discussions are private.

While the size of the plant in the southern Indian state of Tamil Nadu is dwarfed by that of the Foxconn plant in Zhengzhou, which employs 200,000 workers, it is at the heart of efforts to Apple to move production out of China.

Taken from MacDailyNews: It’s telling that the inability to achieve the desired output is what ultimately drives Tim Cook’s Apple to diversify production and assembly away from China and not a myriad of other issues including mass surveillance, censorship and unspeakable human rights violations, including genocide.

Tom Gray was right: “Money changes everything.”

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