Breaking news: Foxconn, a Taiwanese electronics giant, has invested Rs 267 crore in equipment for producing iPhone 16 Pro series smartphones in India. This marks the first time Apple's high-end iPhone Pro series will be manufactured outside of China. The investment is expected to boost capacity at Foxconn's Tamil Nadu unit.

Source: https://www.wionews.com/business-economy/foxconn-buys-rs-267-cr-worth-equipment-to-make-iphone-16-pro-in-india-770593