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Is Foxconn Coming to the United States?
MINYANVILLE ORIGINAL Foxconn (TPE:2354) may be opening factories in the US. The Taiwan-based company also known as the parent company Hon Hai Precision (TPE:2317) has been in the news recently for its reports on the difficulty of producing Apple (NASDAQ:AAPL) products such as the iPhone 5. According to a DigiTimes report (via AppleInsider) Foxconn is evaluating cities such as Detroit Michigan and Los Angeles California as possible locations for the factories. The US-based factories will not produce Apple devices because of their complexity. The factories will likely produce LCD TVs which involves a simpler and highly automated process. The DigiTimes listed "market ...
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