Apple, Foxconn considering joint investment in $7 billion U.S. display factory

Foxconn (Image credit: Bloomberg)

Foxconn Chairman Tarry Gou says that the company is considering a joint investment with Apple in a new display manufacturing facility in the United States. The facility would apparently cost around $7 billion and be "highly automated".

From Nikki Asian Review:

"Apple is willing to invest in the facility together because they need the [panels] as well," Gou told reporters after the company's annual year-end party in the Nankang district of Taipei. The U.S. production site eventually would create 30,000 to 50,000 jobs, the Taiwanese tycoon said.

Foxconn is also considering moving a display startup, Smart Technologies, from Canada to the U.S. following the inauguration of President Donald Trump, who has previously indicated that he will pursue a major increase in U.S.-based manufacturing. However, Gou is skeptical that the American public will want to pay the increased prices that would come from consumer electronics being made in the U.S.

Joseph Keller

Joseph Keller is the former Editor in Chief of iMore. An Apple user for almost 20 years, he spends his time learning the ins and outs of iOS and macOS, always finding ways of getting the most out of his iPhone, iPad, Apple Watch, and Mac.