The Daily Dose

Today, phone manufacturing company Foxconn said that it is looking to expand its presence in India and invest more. The firm’s chairman said that it “views the outlook there very favourably” in the country, and may announce new investments in the coming months. The contract manufacturer currently produces phones for Xiaomi and select models for Apple in India. Speaking at Foxconn‘s annual general meeting, Chairman Liu Young-way said that even though the coronavirus pandemic has impacted operations in India, the country is “a bright spot” in the company prospectus. He said that the firm may reveal its plans in the coming months:…

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