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Foxconn eyes factories in U.S., Indonesia in ambitious growth plans

By Faith Hung TAIPEI (Reuters) – Taiwan’s Foxconn Technology Group, the major supplier of Apple Inc’s iPhone and iPad products, said it’s considering expanding manufacturing to the United States in a move that could open up new prospects for business with Apple. Chairman Terry Gou also said Indonesia will be a top priority for investment this year. That would tie in with Foxconn’s deal to design and market phones in the country with BlackBerry Ltd as the Canadian company seeks to reverse its decline in the smartphone business. He said many customers and partners hope Foxconn, the world’s largest contract

Quoted from Foxconn eyes factories in U.S., Indonesia in ambitious growth plans on Gadgets News Headlines – Yahoo! News

With demand for Apple products higher than ever, manufacturing giant Foxconn will build five new Brazilian based factories which will produce ponents used in Apple products. Taiwan's Foxconn Technology Group may build high-tech factories in the US and low-cost plants in Indonesia as the appeal of "made in China" fades into a burden. Taiwan’s Technology Group, the major supplier of Apple c’s iPhone and iPad products, said it’s considerg expandg manufacturg to the United States a move that could open up new prospects for busess with Tags: foxconn, eyes, factories, indonesia, Foxconn eyes factories in US, 's could see it lift annual revenue to NT$10 trillion ($333 billion) a decade from now, from NT$4 trillion 2013, Gou told employees. A cab driver lets us out front of the factory; boxy blue letters spell out next to the entrance. The security guards eye us, half bored, half suspicious. My fixer, a journalist from

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