Foxconn Eyes New Plant—in US
Where it will make really big screens
By Kevin Spak, Newser User
Posted Jan 27, 2014 7:35 AM CST
In this file photo taken on May 22, 2010, visitors to a job fair walk past the Foxconn recruitment area in Shenzhen in south China's Guangdong province.   (AP Photo, File)

(Newser) – China isn't the manufacturing haven it once was, so the most (in)famous tech manufacturer operating within its borders is setting out for new frontiers—including the US of A. "The US is a must-go market," Foxconn chairman Terry Gou declared yesterday at the company's 40th anniversary party, explaining that many Foxconn customers have requested that it open a US factory. The plant would, among other things, create advanced liquid displays, the Wall Street Journal reports, particularly large ones, because screens larger than 60 inches are hard to ship from Asia.

"Automation, software, and technology innovation will be our key focus in the US," Gou said. In November, the company said it was considering a facility in Pennsylvania. The company wants "to move closer to some of their biggest clients," one analyst tells Reuters. "Obama is also really pushing to return manufacturing to America and boost employment opportunities." But Foxconn's main target for expansion is actually Indonesia, where labor is cheaper than the increasingly expensive China. Gou said the country would soon replace China as the world's manufacturing hub.

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Ezekiel 25:17
Jan 28, 2014 3:35 PM CST
China bit the hand that fed it in a face saving attempt to mine more Quy out of companies like Apple. Its seen as an attack on the USA so its all good. China does for China always and they are not done coring apple up the back side. It would be smart for Apple to do a sneaky drawdown of operations in China and then flea the country and never return. They already want Apple to pay billions in trademark fees. Ultimate poetic justice would be for Apple to set up manufacturing operations in Taiwan but China could still conduct a military style operation against them so S. Korea would be a logical move. Even Africa is being discussed as a possible location where they can help the most people for the least investment. Africa is the emerging manufacturing mecca as labor is dirt cheap and people are happy to make whatever wages they can get because most of them have not worked a day in their lives and they are only alive because of UNESCO and USAID.
Jan 27, 2014 2:02 PM CST
About the fracking comments accompanying this story: I have an ultra-conservative friend. She's really very Bagger and all fossil fuel, all the time, including coal. Now they're fracking all around her little rural piece of paradise. She is in an absolute insane environmental lunatic frenzy about it 24/7.
Jan 27, 2014 9:43 AM CST
One of the reasons some manufacturing is returning to America is the relatively cheap and abundant energy being produced via fracking and horizontal drilling. Remember that the next time you try to halt the practice.