financetom
Technology
financetom
/
Technology
/
Google ties up with Foxconn to make Pixel phones in India, sources say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Google ties up with Foxconn to make Pixel phones in India, sources say
May 23, 2024 5:05 AM

May 23 (Reuters) - Alphabet's Google is

planning to make its Pixel smartphone in India's southern state

of Tamil Nadu and has tied up with Taiwan's Foxconn,

two sources with direct knowledge said on Thursday.

"It will be making the latest models of its smartphones in

the state... at the existing Foxconn facility (in Tamil Nadu),"

one of the sources said on condition of anonymity as they are

not authorized to talk to the media.

Foxconn already assembles Apple's ( AAPL ) iPhones at a

facility near Chennai in Tamil Nadu.

Big global manufacturers are looking to diversify their

supply chain beyond China amid geopolitical tensions between

Beijing and Washington and are considering India as an option.

"The investment in Tamil Nadu is separate from the reported

tie-up between Dixon and Google (to make smartphones

in India)," the source said, adding the decision came about

after the state's officials met with Google executives recently.

News website Moneycontrol first reported on Google's plans.

Google, Foxconn and the Tamil Nadu government did not

immediately respond to Reuters' requests for comment.

(Reporting by Praveen Paramasivam; Editing by Anil D'Silva)

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 >
4 Analysts Assess CDW: What You Need To Know
4 Analysts Assess CDW: What You Need To Know
Nov 15, 2024
CDW underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 3 0 0 Last 30D 1 0...
Expert Outlook: BlackLine Through The Eyes Of 6 Analysts
Expert Outlook: BlackLine Through The Eyes Of 6 Analysts
Nov 15, 2024
Throughout the last three months, 6 analysts have evaluated BlackLine ( BL ) , offering a diverse set of opinions from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0...
Critical Insights From Confluent Analyst Ratings: What You Need To Know
Critical Insights From Confluent Analyst Ratings: What You Need To Know
Nov 15, 2024
20 analysts have shared their evaluations of Confluent during the recent three months, expressing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 9 5 0 0 Last 30D...
Lenovo Q2 Earnings: Cloud Momentum, AI PCs, And Smartphone Growth Drive Revenue Beat
Lenovo Q2 Earnings: Cloud Momentum, AI PCs, And Smartphone Growth Drive Revenue Beat
Nov 15, 2024
On Thursday, Chinese PC company Lenovo Group Ltd ( LNVGF ) (OTC: LNVGY) reported a fiscal second-quarter revenue growth of 24% year-on-year to $17.85 billion, beating the analyst consensus estimate of $16.34 billion. The Solutions and Services Group (SSG) posted revenue growth of 13% Y/Y to $2.17 billion, with an operating margin of 20.4%, up by 40 bps Y/Y. The segment accounted for...
Copyright 2023-2026 - www.financetom.com All Rights Reserved