Foxconn Rumored to be Bringing Manufacturing to US
Foxconn is considering establishing its first manufacturing plants in the US, according to “market watchers” cited by DigiTimes. Locations in cities like Detroit and Los Angeles are currently said to be under evaluation. Foxconn is based in based in Taiwan, and does most of its manufacturing in China, exploiting the cheap labor costs there.
Although Foxconn is Apple’s main manufacturing partner, and Apple CEO Tim Cook has expressed interest in bringing manufacturing back to the US, DigiTimes‘ sources argue that any American plants will probably focus on building LCD TVs