Foxconn, Chinese manufacturing giant to invest 7$ billion in US with Apple – Move To America
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Foxconn, Chinese manufacturing giant to invest 7$ billion in US with Apple

 

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Chinese manufacturing giant Foxconn is considering to invest over $7 billion. This, to build a new factory in the US which will assemble flat panel screens. According to some reports from The Wall Street Journal and also from Nikkei Asian Review, Foxconn chairman Terry Gou has already discussed the plans at a company event this weekend. It is expected that the factory could create more than 40,000 new jobs.

The chances are, this factory might be a joint investment with Apple. Mr. Gou admitted that Apple is ready to invest in all the facilities along with Foxconn since they need the panels too.  For all of you that don’t know, Foxconn is Apple’s biggest manufacturing partner! It runs the largest iPhone factory in the world.

Even though Apple still needs to come up with an official declaration about this project, chances are this will soon become a reality and open an extremely large amount of new jobs positions. This has been a plan that has first designed back in 2014 an only now it seems it might come to life creating endless job opportunities.

Also, according to Bloomberg, the new facility would also involve Japanese display manufacturer Sharp, which Foxconn bought the past year for over $3.5 billion.

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