PM Modi invites Foxconn Chairman; iPhones to be Mass-produced in India
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PM Modi has invited Foxconn Technology Chairman Terry Gou as he plans expansion in India, told iPhone will go into mass production in India this year, a shift for the largest assembler of Apple Inc's handsets that were mass-produced in China. Foxconn is ready to take trials before starting the full scale at its factory in Chennai. It is unclear how Apple's move in India will affect China's operations.