Taiwanese electronics giant Foxconn will not set up manufacturing units in Maharashtra, India. The development closely follows the heels of Foxconn failing to strike a feasible deal with the state’s government. Although Indian consumers are unlikely to be directly impacted by the decision, Foxconn’s exit will leave a scar on other gadget manufacturers.
According to Subhash Desai, Minister of Industries, Maharashtra government, Foxconn had been on the lookout for a feasible piece of land to set up manufacturing facilities for the last five years. Despite being interested in a few pieces of land, the company failed to finalize a deal at par with its interests.
“Foxconn is in no position to move ahead with its decision to invest in the state due to some internal conflicts. The decision will not affect the end users, although, other gadget manufacturers might feel the heat. This is a one-off issue since other manufacturers have invested in Maharashtra and are doing quite well” Desai said.
In the light of Apple wanting to set up assembly units in India, Foxconn had shown interest in setting up manufacturing plants in Maharashtra back in 2015. According to the company’s Memorandum of Understanding (MoU) it agreed to invest $5 billion in the state over the course of five years. However, the plan could never be executed despite both sides meeting on several occasions, and the government offering numerous land parcels.
Foxconn was originally eyeing a piece of land in the Chakan-Talegaon area near Pune city of Maharashtra, but the state government offered a land parcel at another location called Khopoli instead. It was also offered a piece of land spanning over 500 acres at Palghar but failed to show interest. Foxconn later planned to set up its manufacturing facility at the Jawaharlal Nehru Port Trust (JNPT) in Navi Mumbai (New Mumbai) and had submitted its bid for the 44 acres of land. However, that too ended up with global terminal operator DP World, the highest bidder. The Maharashtra government is now planning to offer incentives to corporations based on the employment opportunities that they create.
UP NEXT: Foxconn reportedly receives order for over 50 million Huawei 5G smartphones
As mentioned earlier, we will now show how you can extend this already staggering 62 percent discount. For an extra $4 off, all you need to do is to apply coupon code GBBAND4MI before you press the ‘Place Your Order’ button.
The Xiaomi Mi Band 4 offers an array of easy-to-respond custom dials that help you express your mood. Furthermore, the smart bracelet uses Bluetooth 5.0 BLE technology to offer faster and more stable connectivity speeds.
Currently available for a lowered price on GeekBuying, the TRONXY XY-2 Pro Titan Extruder is a feature-laden 3D printer that would normally set you back $278.99. As mentioned earlier, GeekBuying is now offering it for a considerably reduced price of $ 219.99, which converts to a noteworthy 21 percent discount.
The TRONXY XY-2 Pro Titan Extruder can be installed in three easy-to-follow steps. All you need to do is connect the upper bracket, as well as the touch screen and base and you are all set to use the 3D printer that offers a print size of 255x255x245mm (10x10x9.6 inch).
Other features include auto-leveling, filament run out-off detection, resume printing after power off, 3.5 inches full-color touch screen, and ultra silent motherboard just to name a few. Regrettably, the TRONXY XY-2 Pro Titan Extruder 3D Printer will be available for a lowered price for a short period.
The 5G-ready smartphone was announced alongside the Realme Buds Air at the recently-concluded event. Before we will talk about the features that make the Realme X50 5G an irresistible smartphone, it might interest you to know that the device has gone up for pre-order through Giztop.
Those who do not mind shelling out an extra $100 can go for the larger 12GB RAM model that ships with a hearty 256GB of onboard storage capacity. The aforesaid model is available only in the blue color option.
Under the hood, the Realme X50 5G packs a powerful Snapdragon 765G Octa-core processor along with an equally competent Adreno 620 GPU, a fifth-generation AI processing engine and dual-mode 5G support. Furthermore, it features a quad-camera setup comprising 64MP+8MP+12MP+2MP sensors at the back.
Much to the delight of selfie addicts, the Realme X50 5G houses 16MP+8MP front shooters that can also be used for video calling. A robust 4200mAh battery, equipped with 30W VOOC 4.0 Flash Charge keeps the lights on, while Android 10 operating system with UI OS on top helps you stay productive and connected with family and friends while you are traveling.
Compact and user-friendly gaming laptops continue to garner huge popularity; however, with the advancement in technology, the price tags attached to these machines have gone higher as well. For those who aren’t willing to spend tens of thousands of dollars on a top-end gaming laptop, but don’t want to compromise in terms of performance, choices are scarce.
The Xiaomi Gaming Laptop ships with a large 16GB GDDR4 RAM and offers a hefty 512GB PCle SSD storage capacity for you to download and run high-end games without lag. The features loaded on the gaming laptop from Xiaomi completely justify the steep $2,609.99 price it normally carries.
An absolute steal at this price, the Xiaomi Gaming Laptop runs the Microsoft Windows 10 operating system so that you can do your daily work without any sort of interruption. Moreover, it packs the powerful Intel Core i7-9750H Hexa Core processor and NVIDIA GeForce GTX1660Ti under the hood, which means, you’d be treated to an immersive gaming experience.
Furthermore, the gaming laptop also houses a 1-megapixel front-mounted camera that can be used for capturing photos and video calling. On top of that, it supports Dual Band 2.4GHz / 5.0GHz WiFi, which means you can connect to the internet whenever you are within range of an accessible wireless network.
The 5G-enabled Redmi K30 variant went up for sale for the first time in China at 10 AM (local time) on January 7th. As expected, the phone became an instant hit among Redmi’s huge fanbase, which justifies the fact that it was sold out in just two hours.
If you were unable to get your hands on the Redmi K30 5G during the first sale, you can still purchase it through Giztop, one of China’s popular e-tailers. The K30 5G is available in multiple color and storage choices including 6GB RAM+64GB ROM, 6GB RAM+128GB ROM, 8GB RAM+128GB ROM, and 8GB RAM+256GB ROM.
Available in blue and white color options, the 6GB RAM+64GB ROM model will set you back $349; however, if you don’t mind spending an extra $50, you can go for the slightly larger model that ships with 6GB of RAM and offers 128GB of internal storage space. In short, the 6GB RAM+128GB ROM variant, which comes in blue, purple, red, and white will set you back $399.
Bearing a $449 price tag, the 8GB RAM+128GB ROM Redmi K30 5G model comes in four appealing color options including blue, purple, red, and white. If you fancy using a handset that packs more power under the hood, you might want to check out the model which ships with 8GB of RAM and offers a hearty 256GB of internal storage space.
The Xiaomi Redmi K30 5G sports an eye-catching 6.67-inch IPS LCD second-generation punch-hole display with an FHD+ resolution of 1080 x 2400 pixels. On top of that, the phone supports the HDR 10 display.