Foxconn buys land in Bengaluru
The World's biggest contract electronics manufacturer and a principal assembler of the Apple iPhone, Foxconn has purchased a tract of land on the outskirts of Bengaluru. The company announced that it has acquired a 1.2 million-square-meter (13 million-square-foot) land parcel in Devanahalli, near the airport.
Foxconn's subsidiary Foxconn Hon Hai Technology India Mega Development was paying Rs 300 crore for this site.
Also Read: Foxconn To Start Construction Work At Bengaluru Plant From Next Month