Foxconn Plans To Expand Business In The U.S.

Following Tim Cook’s announcement earlier today that Apple is bringing back some of its Mac production in the U.S. by way of a $100 million investment, Foxconn, interestingly  also confessed plans of expanding its business in the U.S. As you know, Foxconn is Apple’s top supplier. Although it is tempting to assume that both companies will be working together in the U.S., Apple and Foxconn did not allude the possibility. We do know that, according to Tim Cook, Apple will be “working with people.”

Louis Woo, a Foxconn spokesperson, confirmed to Bloomberg Businessweek saying, “We are looking at doing more manufacturing in the U.S. because, in general, customers want more to be done there.” Speaking about the challenges of the plan, Woo says that supply chain is one of the big challenges for U.S. expansion. “In addition, any manufacturing we take back to the U.S. needs to leverage high-value engineering talent there in comparison to the low-cost labor of China,” he adds.

If all goes well for Foxconn, it plans to bring Apple engineers to Asia for training before sending them to the production facilities in the U.S.

You May Also Like

Related Articles on Ubergizmo

Popular Right Now

Exit mobile version

Discover more from Ubergizmo

Subscribe now to keep reading and get access to the full archive.

Continue reading

Exit mobile version