Foxconn's Indian subsidiary is in a state of 'ice and fire': iPhone production is booming, but Android phone production faces huge challenges due to a sharp drop in orders from Xiaomi

Foxconn’s Indian factory is “fire and ice”

1. The production line for producing Apple iPhones is in full swing and continues to expand.
2. Companies that produce Android smartphones are facing the dilemma of executives leaving and factories on the verge of closing.

Bharat FIH Executive Exodus

1. Bharat FIH has seen the departure of 3 independent directors in the past 3 months: Venkataramani Sumantran, Ramaraj R, Aruna Sundararajan.
2. There is uncertainty over the status of independent members of Dipali Hemant Sheth.

Bharat FIH orders down

1. Bharat FIH is facing a massive drop in Xiaomi orders, reportedly down 70%.
2. Bharat FIH is too dependent on Xiaomi.

Bharat FIH Business Integration

1. Bharat FIH consolidates Sriperumbudur plant operations to develop into industries such as telecom equipment, electric vehicle components, televisions and monitors.

Mobile phone brands manufactured in Sri City and Sriperumbudur factories

1. Sri City factory: Redmi, MI, Xiaomi, nnjj, Nokia, Poco
2. Sriperumbudur factory: MI, Redmi, Xiaomi, Poco

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