Foxconn reportedly plans to invest millions in U.S. display plant

Jan 27, 2014 10:34 GMT  ·  By

A report from the Wall Street Journal suggests that Apple might have its iTV displays made in the United States, avoiding costly (and potentially risky) shipping from Asia.

Rumors of an Apple-branded HDTV still abound, though there’s little to no evidence that the company is building such a product. However, if it is, industry people believe Foxconn will be the assembler.

The latest news from Foxconn’s boss indicates that Apple might have told the manufacturer to build a new factory on U.S. soil to have TV panels created closer to the mothership, where the iTV would be theoretically designed.

A relevant excerpt from the WSJ article can be found below. Take this speculative piece of news for what it is and don’t expect a big screen TV product launch next month just because it came out of the Wall Street Journal.

“Hon Hai Precision Industry Co., which assembles gadgets for Apple Inc. and other global technology firms, is evaluating a plan to build an advanced display manufacturing plant in the U.S., its chairman said. [...] In November, the company said it might invest $40 million [€29.2 million] in manufacturing and research facilities in Pennsylvania.”