Apple Supplier Foxconn's Efforts To Make iPhones In India Thwarted By Tech And Talent Exports: Report - Hon Hai Precision (OTC:HNHAF)

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Apple Supplier Foxconn's Efforts To Make iPhones In India Thwarted By Tech And Talent Exports: Report - Hon Hai Precision (OTC:HNHAF)

Apple Inc.'s (NASDAQ:AAPL) key supplier Foxconn, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF) is reportedly facing obstacles in expanding its operations in India as China tightens restrictions on technology and talent exports. What Happened: Chinese authorities have made it more difficult for engineers and key manufacturing equipment to leave the country, reported the Financial Times, citing industry sources and ministry notices…