Foxconn says 'no definitive agreement' after news of $700 mln Apple iPhone factory in Bengaluru

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Foxconn, one of Apple's largest contract manufacturers, said on Saturday that there was no definitive agreement about investment in India, the French news agency AFP reported. This came after a report from Bloomberg on Friday last that Foxconn will invest about $700 million to build a new plant near India's tech capital Bengaluru. Also in this brief, Universal Hydrogen, a hydrogen fuel cell technologies company, last week, conducted the first test of a 40-passenger regional airliner aircraft, using hydrogen fuel cell propulsion