Apple vendor Foxconn has elevated India representative V Lee to a global role for business development, while moving Sharp CEO Robert Wu to lead operations in the country. Wu’s appointment is effective from this present week.
Under Lee, Foxconn India business crossed $20 billion and the headcount of the company grew close to 80,000. The Foxconn India Representative has been changed due to regular rotation reasons. Prior to this role, Wu was CEO of SHARP Corp, a Foxconn subsidiary in Japan.
Foxconn India Representative is the company's most senior representative role in the country for Foxconn Headquarters. According to a social media post, Lee has been appointed Assistant Vice President in the Chairman's Office, as Business Development at Hon Hai Technology Group (Foxconn).
Lee served as India Representative for over four years.
The development has come at a time when the electronics manufacturing segment in the country is going through an uncertain period due to US tariffs and informal restrictions imposed by China on India.
Electronics industry players are still awaiting clarity on tariffs for shipments from India to the US, as a few exemptions remain and are pending a review of a specific section.
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