Luxshare Precision: The news of 'abandoning a US$330 million investment in India” is untrue and there has been no investment decision in the country

王林
Release: 2023-11-20 18:37:16
forward
798 people have browsed it

News from this website on November 20, according to the Shenzhen Stock Exchange Interactive Trading Platform, Luxshare Precision responded to the previous rumor of "whether it is true to abandon the US$330 million investment in India": "Hello, This report is not true, The company has never had an investment decision of US$330 million in India. Thank you for your attention."

## Attached to the site: 立讯精密:“放弃印度 3.3 亿美元投资”消息不属实,在当地未曾有投资决策
According to Indian Business Standard, Apple supplier Luxshare Precision has tried many times to expand its business in India in the past three years, but due to repeated failures, it has given up on investing in and setting up factories in India. Plan

reported that

Luxshare Precision "has decided" to transfer an investment of US$330 million (currently about 2.383 billion yuan) to Vietnam's Bac Giang Province

.

Compared with the Indian government's procrastination, the Vietnamese government immediately approved the investment last week, bringing its total investment in Vietnam to US$504 million (currently about 3.639 billion yuan). Indian media pointed out that "this is India's loss." On November 9, the Bac Giang Province Industrial Park Management Committee of Vietnam announced that Luxshare Precision will invest an additional US$330 million in the province to build new production facilities.

Advertising statement: The external jump links (including but not limited to hyperlinks, QR codes, passwords, etc.) contained in the article are used to convey more information and save selection time. The results are for reference only. All articles on the site contain this statement.

The above is the detailed content of Luxshare Precision: The news of 'abandoning a US$330 million investment in India” is untrue and there has been no investment decision in the country. For more information, please follow other related articles on the PHP Chinese website!

Related labels:
source:ithome.com
Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Popular Tutorials
More>
Latest Downloads
More>
Web Effects
Website Source Code
Website Materials
Front End Template
About us Disclaimer Sitemap
php.cn:Public welfare online PHP training,Help PHP learners grow quickly!