Foxconn (HNHPF) plans to invest at least $1B more, on top of the $1.6B the company allocated in November, into its 300-acre Bengaluru plant, to make more Apple (AAPL) devices, Bloomberg’s Sankalp Phartiyal reports. According to people familiar with the matter, the new capital will bankroll additional capacity for Apple devices, including likely the iPhone.
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