Foxconn considers expanding manufacturing in the US

December 08, 2012

Foxconn Technology Group, which manufactures technology products for a number of firms, notably Apple, confirms it may expand its existing manufacturing operations in the U.S. The move could be linked with Apple's plan to bring back Mac manufacturing to the country.. Foxconn made the statement on Friday after Apple CEO Tim Cook said in interviews with NBC and Businessweek that Apple will manufacture one of its Mac lines in the U.S. by the end of next year. "So we'll literally invest over $100 million," Cook said. "This doesn't mean that Apple will do it ourselves, but we'll be working with people, and we'll be investing our money." Analysts said Foxconn could be involved. The Taiwan-based firm is a major supplier for Apple, helping to build its iPhone and iPad. But much of that manufacturing is done in China, where Foxconn employs 1.2 million workers and labor costs are lower. To read this article in full or to leave a comment, please click here

Link: http://www.pcworld.com/article/2018963/foxconn-considers-expanding-manufacturing-in-the-us.html