Foxconn Moving to the US

 

Terry Gou, CEO of Foxconn told the Press that the Company is considering invest in a joint monitor factory in the US, which involves USD7 billion and is to create 30,000-50,000 jobs. Foxconn is also planning a Molding factory in Pennsylvania and move SmartTechnology from Canada to the US. In response to President Trump’s possible 45% import tax on goods from China, Apple’s suppliers are transferring from China to the US. Meanwhile there are over 350 Apple suppliers located in China.