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Foxconn is looking to set up plants in the US, according to report

Foxconn reportedly looking to build a factory in the US, likely to build LCD TVs

| Business, Financial & Legal News | Posted: Nov 9, 2012 1:32 am

DigiTimes is reporting that Foxconn is planning to set up manufacturing plants in the United States. Foxconn is the manufacturer behind popular products such as the iPhone and other electronic devices. Companies contract with them to build the designs that they create, for instance the WiiU from Nintendo.

 

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According to DigiTimes, market watchers say that Foxconn is looking at cities such as Detroit and Los Angeles to build a new factory. The new factory is expected to build LCD TVs, since this task can be highly automated and wouldn't benefit much from the cheap labor available in China. It would also bring some goodwill to the company, which has seen many complaints as of late.

 

Foxconn is also planning on creating a training program to help US-based engineers learn Chinese and product manufacturing and design. The program would bring US engineers over to China or Taiwan, whereupon they would learn Chinese and take part in the processes of product design and manufacturing.

NEWS SOURCES:Digitimes.com

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