US manufacturing

Foxconn to expand American manufacturing operations

Foxconn is planning an expansion of its American operations. Foxconn is known for manufacturing Apple products, along with those from companies such as Samsung and HTC, and this news comes after Apple CEO Tim Cook announced that one of Apple’s Mac lines will be manufactured in the United States starting next year, with Apple investing $100 million in that operation.

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Apple investing more than $100 million to bring Mac production line to the US

"Next year we are going to bring some production to the U.S. on the Mac. We’ve been working on this for a long time, and we were getting closer to it. It will happen in 2013. We’re really proud of it. We could have quickly maybe done just assembly, but it’s broader because we wanted to do something more substantial. So we’ll literally invest over $100 million. This doesn’t mean that Apple will do it ourselves, but we’ll be working with people, and we’ll be investing our money."

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