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Foxconn looking to open a high-end smartphone factory in the US?

November 24, 2013 by Dusan Belic - Leave a Comment

Foxconn looking to open a high-end smartphone factory in the US?
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Foxconn is apparently looking to open a factory in the US. This facility would make high-end smartphones and tablets, leaving the production of low- and mid-range devices to places like China and Taiwan.

The company, which is a trading name for Hon Hai Precision Industry, is looking to bring high-tech manufacturing jobs back to the United States, and will in that sense get some help from the (local) government. Arizona Governor Janice Brewer met with Foxconn’s Chairman and President Terry Gou to discuss a possible factory in her state, and we’re sure some kind of subsidies were on the table.

Moreover, the (in)famous maker of iPhones also hopes to rely on highly automated production tools to get similar price advantages it would get in emerging economies, while at the same time benefiting from the ever-needed media love.

Growing wages in China coupled with a strengthening of the Yuan made US-made smartphones possible. And if Motorola/Google could do it, Foxconn should be able to do it, too. We’ll see how that goes…

[Via: Unwired View]

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