The venture would aim to win contracts from US and Chinese customers for research and development, design, and manufacturing of electronics products, according to a letter from Lava to India’s technology ministry seen by Bloomberg News.
The pact would give the closely held companies heft as they seek to take on rivals such as Foxconn Technology Group. The Taiwanese giant, which assembles phones for Apple Inc., is among electronics companies that have built out production capacity in…
Shanghai-based Huaqin, with more than 33,000 employees and sales topping $13 billion last year, designs and makes smartphones, laptops, tablets and smartwatches for customers including Vivo, Xiaomi Corp., Samsung Electronics Co., Lenovo Group Ltd., A…
