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Foxconn anticipates more US investment

August 04, 2017


Abstract : Multinational electronics contract manufacturer Foxconn may come up with more investment in the US, following the company's recent $10 billion investment in the US state of Wisconsin.

Multinational electronics contract manufacturer Foxconn may come up with more investment in the U.S., following the company's recent 10 billion U.S. dollars of investment in the U.S. state of Wisconsin.

The company, which is also a major contractor for Apple Inc, said that the investment in Wisconsin will be the first of a series of facilities that it will build in several states, according to a statement sent to the Global Times on Thursday. The target is to build a robust electronics ecosystem in the US.

The next project might be in Dane County, a second site in the state, the newspaper USA Today reported, citing knowledgeable sources.

However, the company said in the statement that there are no final plans as yet.

(Source: Global Times)

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