Foxconn plans US expansion to fill demand for American-made products

Stefan Mileschin · 7th December 2012, 07:18

Apple CEO Tim Cook caused quite a stir when he announced that at least some Macs would soon be made in the US, and it looks like one of the world's biggest device manufacturers is now set to follow suit. As Bloomberg reports, Foxconn is planning to expand its operations in the US to fulfill what it sees as a growing demand for more Made in the USA products. While not providing many details beyond that, Foxconn spokesperson Louis Woo said in an interview with Bloomberg that "supply chain is one of the big challenges for US expansion," adding that "any manufacturing we take back to the US needs to leverage high-value engineering talent there in comparison to the low-cost labor of China." Of course, while the timing of the news is a bit coincidental, there's no indication yet that Foxconn will be working with Apple on its US manufacturing plans, nor is there any word on any other clients it's lined up.

http://www.engadget.com/2012/12/06/b...d-for-america/

7th December 2012, 07:18	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,462	Foxconn plans US expansion to fill demand for American-made products Apple CEO Tim Cook caused quite a stir when he announced that at least some Macs would soon be made in the US, and it looks like one of the world's biggest device manufacturers is now set to follow suit. As Bloomberg reports, Foxconn is planning to expand its operations in the US to fulfill what it sees as a growing demand for more Made in the USA products. While not providing many details beyond that, Foxconn spokesperson Louis Woo said in an interview with Bloomberg that "supply chain is one of the big challenges for US expansion," adding that "any manufacturing we take back to the US needs to leverage high-value engineering talent there in comparison to the low-cost labor of China." Of course, while the timing of the news is a bit coincidental, there's no indication yet that Foxconn will be working with Apple on its US manufacturing plans, nor is there any word on any other clients it's lined up. http://www.engadget.com/2012/12/06/b...d-for-america/

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Verizon and Sprint detail LTE expansion plans	Stefan Mileschin	WebNews	0	15th November 2012 06:54
American web company says web boosted American economy by $500 billion	Stefan Mileschin	WebNews	0	3rd July 2012 07:40
Tim Cook: 'I want there to be' Apple products made in America	Stefan Mileschin	WebNews	0	30th May 2012 07:48
Foxconn will not sue "This American Life"	Stefan Mileschin	WebNews	0	20th March 2012 07:56
AMD Has No Plans for Single-Core Chips Made Using 45nm Process Technology	jmke	WebNews	3	3rd September 2008 00:23
Channel vendors demand card makers recall faulty Nvidia products	jmke	WebNews	0	25th July 2008 19:09
FOXCONN focus on „Performance” and „Green Products“	jmke	WebNews	0	3rd February 2008 11:55
Mushkin plans Europe expansion	jmke	WebNews	0	2nd April 2007 19:39
AngelEye Fill/Bleed Reservoir	jmke	WebNews	0	22nd September 2004 14:08