{"id":829510,"date":"2024-07-05T08:49:12","date_gmt":"2024-07-05T03:19:12","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=829510"},"modified":"2024-07-05T08:49:16","modified_gmt":"2024-07-05T03:19:16","slug":"dip-in-xiaomi-orders-hit-foxconns-bharat-fih-affect-operations-ipo-plans","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/05\/dip-in-xiaomi-orders-hit-foxconns-bharat-fih-affect-operations-ipo-plans\/","title":{"rendered":"Dip in Xiaomi orders hit Foxconn&#8217;s Bharat FIH, affect operations, IPO plans"},"content":{"rendered":"<p>Foxconn group&#8217;s Bharat FIH is in the process of winding up its operations at Sri City in Andhra Pradesh due to decline in orders from a major consumer, Xiaomi. <\/p>\n<p>According to a source privy to the development, Bharat FIH stopped its level-10 operations on June 30 and is now shifting some other operations to Sriperumbudur near Chennai. This has affected the company&#8217;s plans to come out with a Rs 5,000-crore initial public offering (IPO).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foxconn group&#8217;s Bharat FIH is in the process of winding up its operations at Sri City in Andhra Pradesh due to decline in orders from a major consumer, Xiaomi. According to a source privy to the development, Bharat FIH stopped its level-10 operations on June 30 and is now shifting some other operations to Sriperumbudur near Chennai. This has affected the company&#8217;s plans to come out with a Rs 5,000-crore initial public offering (IPO).<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,4,35],"tags":[],"class_list":["post-829510","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-telecom-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/829510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=829510"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/829510\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=829510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=829510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=829510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}