Apple's China-based supplier Foxconn will sign an agreement with the Indian government to build an iPhone factory in the country, according to reports in
Foxconn plans to invest CNY300 million to build a new production base in Nanyang, Henan province.
Taiwan's Hon Hai Precision plans to invest over CNY500 million in mainland China for its warehouse logistics and circuit board processing businesses.
An official from the government of Vietnam revealed that their related department has cancelled the investment license issued to Taiwan's Foxconn Group for the
Terry Gou, chairman of Hon Hai Group, announced that the company will invest over CNY5 billion in Shanxi to develop the electric car industry.
Microsoft announced that it has reached patent licensing agreement with China's ZTE on Android and Chrome operating system patents.