Foxconn considers $7bn US display facility with Apple

Debbie Wu, Nikkei Asian Review:

Key iPhone assembler Hon Hai Precision Industry is mulling a joint investment with Apple topping $7 billion for a highly automated display facility in the U.S., Chairman Terry Gou said Sunday.

Note that Hon Hai Precision Industry, Ltd, trades as Foxconn. They are one and the same.

And:

“Apple is willing to invest in the facility together because they need the [panels] as well,” Gou told reporters after the company’s annual year-end party in the Nankang district of Taipei. The U.S. production site eventually would create 30,000 to 50,000 jobs, the Taiwanese tycoon said.

And:

In addition to the proposed display facility, Gou said Foxconn plans a new molding facility in the U.S., with the state of Pennsylvania a possible site following investment discussions with local officials.

And:

Gou also said Smart Technologies, a Foxconn-controlled interactive display startup based in Canada, may move south of the border now that U.S. President Donald Trump has signaled his intent to renegotiate the North American Free Trade Agreement.

Very interesting. This seems just the beginning of the evolution of Apple’s production process.