No definitive investment pacts inked: Foxconn

BENGALURU: Taiwanese contract manufacturing giant Foxconn said it did not enter into ‘any binding, definitive agreements’ in India during its chairman & CEO Young Liu’s recent visit to the country, news agency AFP reported on Saturday from Taipei.

The Foxconn statement appeared to be in response to announcements made by the governments of Karnataka and Telangana in the past few days that suggested that large investment deals by the iPhone maker in their respective states had been finalised.