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Taiwan's Foxconn to begin construction on U.S. plant in second half of 2017 - source
May 10, 2017 / 7:39 AM / 5 months ago

Taiwan's Foxconn to begin construction on U.S. plant in second half of 2017 - source

TAIPEI (Reuters) - Taiwan’s Foxconn, the world’s largest contract electronics manufacturer and major Apple Inc supplier, will begin construction on a U.S. plant in the second half of this year, a person familiar with the matter told Reuters on Wednesday.

FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's headquarters in New Taipei City, Taiwan March 29, 2016. REUTERS/Tyrone Siu/File Photo

No other details were provided.

When contacted about the matter, Foxconn, formally known as Hon Hai Precision Industry Co, declined to comment.

Foxconn chairman Terry Gou has said the company was considering investing in the United States In late April, he had meetings at the White House about “capital-intensive” investment plans.

Reporting by Taipei newsroom; Editing by Miral Fahmy

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