Foxconn is apparently looking to build the world’s largest manufacturing base for smartphones based in Central China’s Henan province next year.
The huge plant will be centered on the Foxconn Science Park in Zhengzhou, provincial capital of Henan, increasing its current production lines to 95 and costing the company some $1.1 billion.
Foxconn — as well as many other component assemblers for that matter — has been seeking to move production away from the coastal areas where higher wages are being demanded along with improved working conditions. Zhengzhou’s labor costs are about two-thirds of those in China’s coastal cities…
At the same time, the Chinese government is also keen to reduce the huge labour mobility swings as people move to the coast to seek work.
And for the record, Foxconn’s existing plant in Zhengzhou has already reached a daily production of 200,000 iPhones, employing some 130,000 people…
[Via: CellularNews]