Foxconn (Han Hai) manufactures the Apple iPhone, so it’s interesting to see the component integrator ramping up production capacity. Chairman Samuel Chin announced that Foxconn would spend $1B over 2007-2008 in their efforts to more than double capacity, saying that, “Our 
current production capacity isn’t sufficient to support future development and labour costs have increased, so we need to find new locations which can supply a stable labour force.”
It seems that the makers of Apple iPhone are expecting a good bit of demand – with good reason. We certainly can’t wait for the iPhone’s launch and we’re sure there are a lot of you out there that feel the same way. Foxconn better have their ducks in a row if they want to meet Apple’s likely fervent demand for iPhone’s – come June 29 at 6pm local time.
[Via: Yahoo]