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Apple-Supplier Foxconn Weighs $7 Billion U.S. Display Plant

  • Chairman Terry Gou says it could create as many as 50,000 jobs
  • Details have yet to be finalized but Sharp may be a partner
Bloomberg business news

Foxconn Considering $7B U.S. Plant

Updated on

Foxconn Technology Group is considering building a U.S. display-making facility for upwards of $7 billion, a major investment for Apple Inc.’s main manufacturer that may create tens of thousands of American jobs during President Donald Trump’s first year in office.

The company is considering a joint investment with Sharp Corp., the Japanese display supplier it bought last year, but details have yet to be hammered out, Reuters cited Chairman Terry Gou as telling reporters in Taipei on the sidelines of a company event. Foxconn confirmed the report Monday.