Printed from http://www.electronista.com

Foxconn to spend $210M on new Apple production line

updated 10:05 am EDT, Mon May 21, 2012

Huai’an plant to host 35,800 workers

Asian manufacturer Foxconn is preparing to spend $210 million on a new Huai'an production line for Apple, according to China Daily. The plant has been announced by local officials, and is expected to consume 40,000 square meters (over 430,556 square feet), and employ 35,800 people. Predicted output is valued at 6 to 7 billion yuan, or somewhere between $949 million and $1.1 billion, with an import/export value of $55.8 million.

Construction should take place in October. What Apple products might be built at the plant are unknown; the company could use it to supplement current iPhone and/or iPad production, or it could turn it towards a new product, such as Apple's rumored 7-inch iPad or even its upcomingTV set.

China Daily notes that Foxconn is planning to build another factor in Hainan province in early April. Foxconn's main campus is in the city of Shenzhen, where 200,000 or more people work on products for several major Western corporations including Apple.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

  1. Tanker10a

    Fresh-Faced Recruit

    Joined: Jan 2003

    +3

    Domestic?

    Imagine building such a plant in the U.S.

  1. coffeetime

    Junior Member

    Joined: Nov 2006

    +2

    I was thinking....

    the same thing. U.S. desperately need jobs here.

  1. Stuke

    Fresh-Faced Recruit

    Joined: Feb 2005

    +2

    font-size:13px

    Apple, why not spend some cash and do this in the USA?

  1. brainiac

    Fresh-Faced Recruit

    Joined: Sep 2003

    +3

    Why not???

    One time cost vs Ongoing labor costs. That is why. Plus labor rules plus environmental operating rules.

    Pretty obvious why not.

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Cat B100

Cat is primarily known for its heavy-duty machinery used in the construction industry and farming, among other areas. What may not be ...

Linksys EA6900 AC Router

As 802.11ac networking begins to makes its way into more and more devices, you may find yourself considering an upgrade for your home ...

D-Link DIR-510L 802.11AC travel router

Having Internet access in hotels and other similar locations used to be a miasma of connectivity issues. If Wi-Fi was available, it wa ...

Sponsor

toggle

Most Commented

 
toggle

Popular News