Re:Apple supplier Foxconn to invest $1B in India, sources say
by paxys on Friday July 10, 2020 @09:37PM
(#23798637)
After their disaster in Wisconsin I'm going to wait till they actually spend the money before considering it newsworthy.
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Re:Apple supplier Foxconn to invest $1B in India, sources say
by notRobot on Friday July 10, 2020 @09:42PM
(#23798678)
Indeed. Those who aren't aware can read this article [1] or listen to this brilliant podcast episode from Reply All [2].
[1]: https://www.bloomberg.com/news/features/2019-02-06/inside-wi...
Re:Apple supplier Foxconn to invest $1B in India, sources say
by kshacker on Saturday July 11, 2020 @10:27AM
(#23802428)
Just because US/Wisconsin could not get it done does not mean no one can get it done.
USA had much higher costs, even outside of population centers, and too much dependence on tax shelters. It may not be the same in india.
Re:Apple supplier Foxconn to invest $1B in India, sources say
by dirtyid on Saturday July 11, 2020 @10:53AM
(#23802605)
India is notorious for barriers to entry on top of massive infrastructure deficits. There's promising policy movement in some provinces recently, but historically these initiates have not panned out. There's a reason Superpower2020 is a meme.
Re:Apple supplier Foxconn to invest $1B in India, sources say
by spians on Saturday July 11, 2020 @11:45AM
(#23803016)
I mean it happened with the same company just a few months back.
Foxconn canceled $5 billion investment plan in India because of a land deal - https://www.gsmarena.com/foxconn_cancels_plans_for_5_billion...
Re:Apple supplier Foxconn to invest $1B in India, sources say
by quantummkv on Saturday July 11, 2020 @01:23AM
(#23799744)
Unlike the US, Foxconn has functioning plants in India where they are already making iPhones and Nokia devices.
This investment is not a greenfield one like in the US. It's further investment in an already successful venture. So very few chances of a Wisconsin repeat.
Re:Apple supplier Foxconn to invest $1B in India, sources say
by broken_symlink on Saturday July 11, 2020 @07:01AM
(#23801152)
Its the same billion they were supposed to invest in Wisconsin.