Hon Hai Eyes New Indian Investment
Hon Hai, the Taiwanese multinational contract electronics manufacturer, is planning to build a new production base in Bengaluru, India, China Post reports.
Hon Hai, internationally known as Foxconn, has been working with authorities in Karnataka in advance of the investment in Bengaluru, which is referred to as India’s Silicon Valley.
“Foxconn has already announced it will set up 12 factories in India and create about 1 million jobs. Bengaluru is an ideal place where an electronic manufacturing ecosystem is already in place with the presence of major public and private companies,” a Taiwan consulate official said.
Hon Hai is also in talks with the U.S. as it looks to expand its production base there.
Taiwan’s Exclusion Becomes Hot Topic at WHA
China’s refusal to allow Taiwan into the world’s biggest annual health meeting ironically resulted in Taiwan becoming the center of attention.
As the World Health Assembly (WHA) convened in Geneva on May 22, Taiwan was not given observer status for the first time since 2009. The organization also blocked Taiwan. However, the representatives of several countries including the U.S. and Germany, as well as Taiwan’s diplomatic allies, spoke in support of Taiwan.
Still, the Taiwan delegation, led by Health Minister Chen Shih-chung, held 51 bilateral talks with 28 countries and 23 organizations on the sidelines of the event.