Amazon to team up with Hon Hai on Indian manufacturing operation
E-commerce giant Amazon.com is planning to work with Taiwan’s Hon Hai Precision Industry Co. to open its first manufacturing line in India.In a statement on Amazon Blog in India, the company said it will start manufacturing efforts in India by teaming up with contract manufacturer Cloud Network Technology, a subsidiary of Hon Hai in Chennai, to roll out its set-top box device Fire TV Stick.“The manufacturing cooperation with Hon Hai, also known as Foxconn on the global market, is scheduled to begin later this year.“The device manufacturing program will be able to produce hundreds of thousands of Fire TV Stick devices every year, catering to the demands of customers in India,” Amazon said in the statement.Amazon said the company “will continuously evaluate scaling capacity to additional mar...