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

 

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.