Lixun Precision: the news of "giving up 330 million US dollars of investment in India" is not true, and there has been no investment decision in the region.

Thank CTOnews.com netizens Rimi Ishihara for the delivery of the clue to happiness! CTOnews.com, November 20, according to the interactive platform of the Shenzhen Stock Exchange, Lixun responded to the previous rumor "whether it is true to give up investing 330 million US dollars in India": "Hello, this report is not true. The company has not made the 330 million US dollars investment decision in India. Thank you for your attention."

Previously on CTOnews.com:

Indian media Business Standard reported that Apple supplier Lixun Precision has abandoned plans to invest in a factory in India after three years of failed attempts to expand its business in India.

Compared with the dragging its feet of the Indian government, the Vietnamese government immediately approved the investment last week, bringing its total investment in Vietnam to $504 million (currently about 3.639 billion yuan). The Indian media pointed out that "this is a loss for India."

On November 9, the Management Committee of Vietnam's Pak Giang Industrial Park announced that Lixun Precision will invest an additional US $330 million in the province to build new production facilities.