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Economy

Foxconn anticipates more U.S. investment

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2017-08-04 10:00Global Times Editor: Li Yan ECNS App Download

Multinational electronics contract manufacturer Foxconn may come up with more investment in the U.S., following the company's recent $10 billion investment in the U.S. state of Wisconsin.

The company, which is also a major contractor for Apple Inc, said that the investment in Wisconsin will be the first of a series of facilities that it will build in several states, according to a statement sent to the Global Times on Thursday. The target is to build a robust electronics ecosystem in the U.S.

The next project might be in Dane County, a second site in the state, the newspaper USA Today reported, citing knowledgeable sources.

However, the company said in the statement that there are no final plans as yet.

  

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