Foxconn is considering, in conjunction with Apple to invest $ 7 billion in the production of displays in the United States

With reference to the words of the head of Foxconn source said that the main manufacturing partner of Apple is considering together with its largest customer to invest $ 7 billion in trade displays. Production will be characterized by a high degree of automation. Power joint venture is expected to be positioned in the United States.

According to the head of Foxconn, the increase in US demand for panel large size makes them local production more profitable in comparison with imports from China.

Apple has not yet responded to information about a possible joint venture.

Source: Nikkei



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