Following a November 29 article reporting that Hong Kong-listed Foxconn International Holdings (FIH) may build a handset-manufacturing plant in India, today's Chinese-language Economic Daily News is reporting that Foxconn Electronics (the registered trade name of Hon Hai Precision Industry) is looking to set up a PC assembly plant in the country by the end of this year.

The new PC assembly production line in India is intended to fulfill regional orders from customers Dell, Hewlett Packard (HP) and Acer, which are gearing up to expand their presence in the India PC market, the paper noted. The report also indicated that the purpose of FIH's new handset plant is scheduled to be finalized after the Chinese New Year.

By: DocMemory
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