Foxconn Interconnect Technology Ltd (FIT, 鴻騰精密) held a groundbreaking ceremony yesterday on a site of a planned factory in the southern Indian state of Telangana that local media outlets speculated will be used to manufacture Apple Inc's AirPods.
The ceremony was attended by FIT chairman and CEO Sidney Lu (盧松青) and K.T. Rama Rao, the Telangana Industries and Commerce minister, who wrote on Twitter that the investment by the Foxconn subsidiary is expected to create about 25,000 jobs.
Lu said at the ceremony that the new fab will serve clients and projects worldwide, which will help expand FIT's operations.
Several Indian news outlets reported in March that the fab will likely be used to produce the Apple AirPods wireless earphones and that production will commence late next year at the earliest.
FIT announced early last month that it would inject US$400 million into its wholly-owned subsidiary Foxconn Interconnect Technology Singapore Pte Ltd, of which US$150 million had been earmarked to finance its Indian subsidiary.
In an announcement late last month, the company said it would invest NT$722 million (US$23.43 million) to acquire land in Hyderabad, Telangana where the construction of factories, a research and development center, and dormitories was planned.
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