Foxconn’s industrial PC unit makes India foray

Ennoconn Corp, a Taiwan-based Industrial IoT and hardware manufacturer and a Foxconn subsidiary, has started its India operations, focussing on the country’s industrial automation and digital transformation market. 

“Ennoconn has already registered a company in Tamil Nadu with plans to bring their products to the Indian market,” a source aware of the development told FE.

ALSO READCCD parent cuts store count amid debt woes

Ennoconn is the industrial PC (IPC) unit of Taiwanese electronics giant Hon Hai Precision Industry Co (Foxconn). It specialises in manufacturing industrial hardware and software solutions, including embedded motherboards, modules, embedded computer systems, box computers, 5G computing platforms, and 4K/8K displays. 

Industrial PCs are high-performance, rugged computing systems designed for industrial applications in manufacturing, automation, transportation, energy, and healthcare. At present, the market is dominated by players including Siemens, Taiwan-based Advantech and  Rockwell Automation among others.

Ennoconn’s foray comes at a time when Foxconn is reportedly looking to expand beyond iPhone assembly into areas such as information and communication technology (ICT) products and AI servers. 

It remains unclear whether Ennoconn will leverage Foxconn’s facilities for production or establish its own manufacturing base in India. Ennoconn Corp and Foxconn did not respond to FE’s queries regarding the company’s India plans.

Adani Green Energy refinances $1.06-billion loan

Foxconn currently operates a massive Apple iPhone assembly plant in Sriperumbudur, Tamil Nadu, employing 40,000 workers. The company is also investing ₹25,000 crore to build a large iPhone assembly and electronics manufacturing facility near Doddaballapur, Karnataka. 

The source also added that Ennoconn’s India entry could be part of its broader expansion plans in collaboration with Japan’s Sharp Corporation. Last year, the two companies partnered with aims to develop new businesses in the smart retail and energy sectors across Asia.

 » Read More

Related Articles

How Govt-led development will shape Goa’s property market

Driven by its scenic beauty, relaxed lifestyle, and strong tourism-driven economy, Goa’s real estate market has been a hotspot for investors, second-home buyers, and NRIs. The state’s property market has evolved beyond vacation homes, witnessing growing demand for luxury residences, high-yield rental properties, and commercial developments. Further, policy initiatives promoting sustainable tourism, ease of doing

Top 5 international mutual funds to invest in India – Delivered up to 97% returns in 1 year

The last six months have been extremely volatile for equity markets globally. US trade tariff policies in Trump 2.0, geopolitical tensions, and FIIs (foreign institutional investors) shifting capital from India jolted the domestic market. This market plunge led to most mutual fund categories suffering deep losses over the last three to six months. If we

Senior Citizen Fixed Deposits offering up to 9.1% – Check the latest interest rates

For senior citizens thinking about opening a fixed deposit account soon, now might be the right time to act, as interest rates for fixed deposits could start to drop shortly, following the recent rate cut by the RBI. Fixed deposits specifically catered to those aged 60 and above offer numerous advantages tailored to the unique

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

How Govt-led development will shape Goa’s property market

Driven by its scenic beauty, relaxed lifestyle, and strong tourism-driven economy, Goa’s real estate market has been a hotspot for investors, second-home buyers, and NRIs. The state’s property market has evolved beyond vacation homes, witnessing growing demand for luxury residences, high-yield rental properties, and commercial developments. Further, policy initiatives promoting sustainable tourism, ease of doing

Top 5 international mutual funds to invest in India – Delivered up to 97% returns in 1 year

The last six months have been extremely volatile for equity markets globally. US trade tariff policies in Trump 2.0, geopolitical tensions, and FIIs (foreign institutional investors) shifting capital from India jolted the domestic market. This market plunge led to most mutual fund categories suffering deep losses over the last three to six months. If we

Senior Citizen Fixed Deposits offering up to 9.1% – Check the latest interest rates

For senior citizens thinking about opening a fixed deposit account soon, now might be the right time to act, as interest rates for fixed deposits could start to drop shortly, following the recent rate cut by the RBI. Fixed deposits specifically catered to those aged 60 and above offer numerous advantages tailored to the unique

Tariff-related updates, global trends, FIIs trading activity to drive markets this week: Analysts

Global trends, tariff-related updates and trading activity of foreign investors would be the key drivers for the equity market movement this week, analysts said. Markets witnessed a strong rebound last week, with the benchmark indices surging over 4 per cent. The rally was fuelled by improving investor sentiment, improvement in foreign capital flows, and positive

Housing sales and supply take a hit in Q1 2025: Top 9 cities witness sharp declines

The housing market continued its downward trend with housing sales in India’s top 9 cities falling by 23% while supply declining by a whopping 34% in Jan-March of 2025, said a report by data analytics firm PropEquity. Housing sales in Q1 2025 stood at 1,05,791 units as compared to 1,36,702 units in the same period