What's new
Apple iPad Forum 🍎

Welcome to the Apple iPad Forum, your one stop source for all things iPad. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Foxconn Chairman Casts Doubt on US Apple Factory

Maura

iPadForums News Team
Joined
Jun 7, 2010
Messages
3,894
Reaction score
260
Location
UK
Foxconn chairman casts doubt on US facility.JPG

AppleInsider reports that comments from Foxconn chairman Terry Gou have cast doubt on the prospect of Apple and Foxconn partnering to build a factory in the US.

Talking at an event to open a new display panel production factory in southern China, Gou said that he had recently returned from Washington, D.C, but he did not confirm whether or not he had spoken to anyone in President Trump’s administration.

Gou’s concerns about the proposed $7 billion joint venture between Foxconn and Apple included whether or not government officials would be able to attract foreign investors quickly.

“I am concerned as to whether the U.S. can resolve all the investment issues in only a few months’ time,” said Gou. “Does the U.S. offer incentive programs for foreign investors? They’ll need to pass bills first, and we’ll need to wait for American authorities to make a decision first.”

Gou also said that the US did not have the supply chains and labour needed to mass-produce display panels, whereas China already has everything in place.

Source: Foxconn chairman raises uncertainties over building displays for Apple in USA
 

Most reactions

Latest posts

Top