[ gsmarena.com ] Foxconn plans to open a factory in the US

[ mukeshbalani.com ] “You heard it here first…if you haven’t already heard it elsewhere”…

Foxconn plans to open a factory in the US

Taiwan-based manufacturer Foxconn, most popular for manufacturing the Apple iPhone plans to build a 20-million sq.ft facility in Wisconsin for LCD panel development. The investment will cost around $10 billion and will open around 3,000 jobs.

Soon in the United States

LCD panels are currently integrated into all iPhones and iPads, but Apple stated on multiple occasions that it would like to switch to OLED. It even purchased machinery for in-house OLED development for the 2018 iPhone.

The location of the factory was announced by the US president Donald Trump, while Foxconn CEO Terry…