Taiwan's Foxconn, the world's largest contract electronics maker, said on Tuesday an artificial intelligence centre it has announced with Nvidia will be built in phases and is targeted to have 100 megawatts of power.

Hon Hai Precision Industry, the main manufacturer of Apple’s iPhones, will inject US$1.5 billion into its India unit as production shifts away from China. The Taiwan-based company, known internationally as Foxconn, said in an exchange filing on Monday that it had made the investment through its Singaporean subsidiary.