Foxconn Could Announce US Expansion Plans This Week

Ever since Donald Trump became the President of the United States, he has made a push for companies such as Apple to bring their manufacturing operations from countries like China and India back to the US. Whether or not they will remains to be seen, but in the past we have heard reports that they could be considering it.

In fact last year it was revealed that Foxconn could be considering expanding to the US, and a new report from The Wall Street Journal (via AppleInsider) has suggested that this expansion could be announced as soon as this week. For those unfamiliar, Foxconn is one of Apple’s main manufacturers of the iPhone, but whether or not this expansion will be for Apple’s benefit remains to be seen.

However the report suggests that maybe it might not be as the facility that Foxconn is rumored to open in Wisconsin will be for building display panels for large-format televisions. At the same time it is rumored that Foxconn is also eyeing a facility in Detroit which could be Apple-related, but we guess we’ll have to wait and see.

One of the main reasons for manufacturing in other countries such as China is that it tends to be cheaper than back in the states, which means that it could lead to higher profit margins. Obviously there will be some impact should Apple and Foxconn start making iPhones in the US, but exactly how big of an impact remains to be seen.

Filed in Apple >General >Rumors. Read more about foxconn and iPhone.

Let’s block ads! (Why?)

Ubergizmo

Leave a Reply

%d bloggers like this: