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Apple requests Foxconn builds a new $2.6 billion factory

Foxconn is getting into gear, building an expensive new factory just for Apple
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Nov 21, 2014 3:38 am

It looks like Apple has requested Foxconn, which is the largest device manufacturer in the world, to build a new $2.6 billion facility just for the production of displays for its various iDevices.

 

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Apple reportedly wants to have its hands-on an Innolux factory, the display portion of Foxconn, to only make displays for its iPhone, iPad and other popular-selling products. Innolux has been a company that Apple has reportedly been tapping to make the 4.7-inch displays for the iPhone 6. Sophia Cheng, a Public Relations representative for Foxconn's Display Unit, Innolux Corp., said: "Equipment installation will commence next month with mass production of panels to start by the end of 2015 after an urgent request for exclusive capacity".

 

Cheng wasn't aware if the deal had been signed or not, and Apple is keeping its mouth firmly shut about the deal. Considering Foxconn already has a couple of Apple-dedicated facilities in China, this would still be a first for the company; to have a factory making components exclusively for products for a single company.

NEWS SOURCES:Bgr.com

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