Chinese tech companies outsourcing production to IndiaStaff writer ▼ | August 18, 2015
Lenovo Group said it is establishing a smartphone assembly unit in India, partnering with Flex, ex Flextronics, on a new assembly line in Chennai.
Technology China is not the cheapest any more
China's Xiaomi this month said it was joining forces with Taiwan-based tech giant Foxconn to start assembling phones in India.
Foxconn, Hon Hai Precision Industry, has also announced it will invest $5 billion in the state of Maharashtra. It has not said what it will be making but a local minister told Reuters that it has been in talks to manufacture Apple iPhones. ■