iPhone Supplier Foxconn to Invest $250 Million for EV Components Unit in Vietnam

Foxconn is set to invest about $250 million (nearly Rs. 20,500 crore) in two new projects in Vietnam, including for the production of components for electric vehicles (EVs), the world's largest contract electronics assembler and local authorities said on Friday. The move confirms Foxconn's global plans to become a player in the EV industry, after having focused for ye...

from Gadgets 360 https://ift.tt/GApmEtB