Wistron's Indian factory breaks out labor resistance, and orders may be handed over. According to foreign news reports, Foxconn's parent company Hon Hai India plant will trial production of iPhone 12, planning to ship the first batch of "Made in India" iPhone 12 within two months, adding new growth potential to Hon Hai India plant, Wistron India plant original plan The production of the iPhone 12 mini has already been stopped due to a riot.
Rumor has it that Wistron’s orders turned to Hon Hai. Hon Hai said yesterday (21) that it would not comment on customers and orders. Z1z
Foreign News quoted the opinions of two executives in the industry, pointing out that Hon Hai's plant in Chennai, India, will produce the latest iPhone 12 within two months. At present, Hon Hai's Chennai factory mainly produces iPhone 11 and XR. Joining the production of iPhone 12 will increase the utilization rate of the production line.
Wistron has stopped work after a local worker riot. However, whether the iPhone 12 mini is transferred to Hon Hai's Indian factory, industry insiders say that they have not seen it at present, but there will be a chance to transfer orders in the future. It mainly depends on whether the subsequent improvement of Wistron's Indian factory meets Apple's requirements.
Hon Hai is the exclusive assembly and foundry supplier of iPhone 12Pro/Pro Max, providing most of the supply of iPhone 12.
Market participants pointed out that Hon Hai and its subsidiary Fujikang manufacture consumer electronic products in the Chennai plant, and the plant manufactures Apple and mainland Chinese brand smartphones and other consumer electronic products. The Chennai plant has continued to expand in response to the increase in the number of customers in the past two years. In order to expand its business in India, Indian media reported that the Ministry of Industry of India approved Hon Hai’s six-year investment of 25 billion rupees (about 340 million U.S. dollars) to obtain 30.83 acres of land, which will be built near the Chennai plant, which can accommodate 1.95 In the dormitory where 10,000 employees live, Apple will place orders to ship high-end iPhone products through Hon Hai's local subsidiary.
New India Express pointed out that the Hon Hai Chennai Industrial Park spokesperson said that he hopes to provide affordable rental accommodation and supporting infrastructure for employees. In the future, the dormitory will consist of 13 blocks and build multiple 10-story residential buildings, including Public facilities and equipment, such as drinking water supply, rainwater discharge, waste management, rainwater harvesting and solar energy utilization, etc., as well as outdoor activity facilities, pharmacies, shopping centers, and supermarkets.
Hon Hai has planned to construct in two phases. The first phase is expected to be completed in March 2023, including seven blocks of residential buildings, two blocks of commercial buildings and other public facilities, the second phase will include six blocks of corporate buildings, all expected in March 2024 carry out.
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