Automakers are joining forces to boost their scale and competitiveness to contend with industry newcomers like iPhone maker Foxconn.

The suspensions come amid tensions between the two countries and are likely to disrupt manufacturing as Apple tries to diversify production away from China.

In addition, equipment shipments are delayed, potentially disrupting next-generation iPhone production in India.

Recent shifts in the global smartphone manufacturing landscape highlight diversification efforts among iPhone manufacturers. Tata Electronics is exploring partnerships with major Android brands, while Luxshare expands through acquisitions,

Buoyed by their impressive performance, the companies are busy expanding into new products and places. Contract manufacturers have also been expanding into new industries. In October Foxconn unveiled two new electric-vehicle designs,

Foxconn's fourth quarter 2024 revenue surged 15.17%, setting a record for the highest revenue ever, driven by strong demand in AI.

Apple wants to develop the subcontinent into a major production location and needs its manufacturers to do so.

Apple's iPhone assembly partner Foxconn has asked the Indian government for larger payments from a manufacturing fund, because other companies failed to meet standards.

Automakers are joining forces to boost their scale and competitiveness to contend with industry newcomers like iPhone maker Foxconn BANGKOK -- Auto industry newcomers like Taiwan-based iPhone ...

BANGKOK (AP) — Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China's Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers ...

Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China's Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers like Japan's Nissan and Honda to announce plans to join forces against a ...

Apple: China's ministry of foreign affairs said in a statement on Friday the nation "treats all countries equally and is open to enterprises" from everywhere. "China has never done anything that harms interests of other nations to the detriment of itself,