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US: Foxconn to invest $ 7 billion to produce iPhone

foxconn 1 - US : Foxconn va investir 7 milliards de dollars pour produire les iPhone

foxconn 1 - US : Foxconn va investir 7 milliards de dollars pour produire les iPhone

Apple

Posted: January 24 2017
Updated: January 24, 2017

by benjamin

Foxconn would consider a joint investment of $ 7 billion with Apple to establish a production plantiPhone in the USA. According to the Asian newspaper Nikkei, this new facility could create between 30,000 and 50,000 jobs, and it is expected to be located in the state of Pennsylvania.

foxconn 1 - US: Foxconn to invest $ 7 billion to produce iPhone

China will not be neglected

Foxconn’s facilities in Zhengzhou, China, produce more than 100 million iPhones each year. Taking into account the production of Taiwan and Hong Kong, China was responsible for more than 19% of Apple’s world turnover during the fourth quarter of 2016. For the president of the Taiwanese firm, it is out of question that his group is closing sites in China to go to the United States. Indeed, the Chinese market remains the largest in the world, and Foxconn does not intend to abandon it.

The location of the main iPhone assembler on American soil could also lead to that of Smart Technologies. This subsidiary of the Taiwanese giant is currently located in Canada. IPhones assembled in the United States should be priced much higher than those produced on Chinese soil. Will Americans be willing to pay more?