Apple Plans to Build $200 Million ‘Airpods’ Factory in Pakistan
According to two individuals familiar with the matter who spoke to Reuters, Foxconn, a contract manufacturer from Taiwan, has secured a contract from Apple Inc (AAPL.O) to manufacture AirPods and is planning to establish a new factory in India to produce the wireless earphones.
This agreement marks Foxconn’s entry into the AirPods supply chain and highlights the firm’s attempts to further diversify production away from China, where it already assembles around 70% of all iPhones.
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Presently, AirPods are made by various Chinese suppliers. As per one source, Foxconn intends to invest over $200 million in the new AirPod plant in the southern Indian state of Telangana. The exact value of the AirPod order is unknown at this time.
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