China’s export controls have thrown a spanner in Foxconn’s immediate plans to expand the production of Apple devices in India until it can develop alternatives. - Bloomberg
BENGALURU/SINGAPORE: Since January, Apple supplier Foxconn’s factories in India have been waiting for technicians and machinery from China that have still not arrived.
The delay is due to what sources tell The Straits Times are new export controls on crucial equipment and manpower, in what appears to be a bid by China to keep investment and manufacturing jobs within its borders.
