# Foxconn to invest $600 million in Karnataka, India for iPhone components and chip equipment

Foxconn will invest $600 million in two projects in Karnataka, India, to make casing components for iPhones and chip-making equipment, signaling growing interest in India.

- Type: Investment
- Announced: 2023-08-02
- Where: Karnataka, India
- Value: $600.0M
- Status: announced
- Products: iPhone casing components, chip-making equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Foxconn](https://endata.com/companies/15170.md)

## Sources

- [reuters.com](https://www.reuters.com/technology/foxconn-invest-600-mln-indias-karnataka-components-chipmaking-machinery-2023-08-02/), 2023-08-02: "Foxconn will invest $600 million in two projects in India's Karnataka to make casing components for iPhones and chip-making equipment."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.