Foxconn building $2.6 billion dedicated display plant for a single client
Foxconn, the manufacturer of Apple's devices, including the iPhone and iPad, is about to invest $2.6 billion in a facility in Taiwan dedicated to producing displays for a single client. While the client isn't explicitly named, few companies other than Apple could generate the demand that would require a dedicated display production facility. The plant is expected to begin producing displays by the end of next year, according to Bloomberg:
The facility should help Foxconn keep up with demand for new devices. Not long after the launch of the iPhone 6 and iPhone 6 Plus, Foxconn was said to be having trouble keeping up with demand for both phones.
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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.