financetom
Business
financetom
/
Business
/
Market Chatter: Apple Supplier Foxconn Sends Chinese Workers Home from India
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Apple Supplier Foxconn Sends Chinese Workers Home from India
Jul 2, 2025 4:40 AM

07:15 AM EDT, 07/02/2025 (MT Newswires) -- Apple ( AAPL ) supplier Foxconn Technology Group has instructed hundreds of Chinese engineers and technicians to return home from its iPhone factories in India, dealing a setback to Apple's ( AAPL ) plans to ramp up production in the country, Bloomberg reported Wednesday, citing sources familiar with the matter.

The move began about two months ago and over 300 Chinese workers have left, according to the report. Mostly support staff from Taiwan have remained in India, Bloomberg said.

Foxconn, Apple ( AAPL ) didn't immediately reply to MT Newswires' request for comment

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved