Foxconn Weighs $7 Billion U.S. Factory With Apple

January 22nd, 2017

In other news, Foxconn Plans to Replace Almost Every Human Worker with Robots. So, I’d take the 30,000 to 50,000 jobs statement below with a grain of salt.

Via: Bloomberg:

Foxconn Technology Group Chairman Terry Gou told reporters in Taipei the company is considering a joint investment with Apple Inc. for a display manufacturing facility in the U.S., according to a report by the Nikkei Asian Review.

The facility would cost more than $7 billion and may create an eventual 30,000 to 50,000 jobs, the publication cited Gou as saying. The rising demand for larger displays makes domestic U.S. production a better solution than shipping from China and “Apple is willing to invest in the facility together because they need the (panels) as well,” he said.

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