Foxconn is planning a new production of smartphones in China

Foxconn is planning a new production of smartphones in China

It is known that the promised can not wait for a year or two. Promises asking not to eat and spoons on the table chattering. Fully it may concern promises Foxconn to build in the U.S. the ultra-modern plant for the production of LCD screens. A number of American experts, by the way, commented on the joint statement of US President Donald trump and Chairman Terry GOU in such a way that while American workers will start receiving a salary from Foxconn, to discuss, in General, nothing. And while maturing a plan for the construction of the US plant to produce LCD Foxconn, as reported by Japanese sources, agreed with the authorities of the Chinese city of Nanjing on the construction of a plant for the production of smartphones.

Doug Mills/The New York Times

An agreement on the construction of a new plant in China allegedly achieved in this environment. The volume of investment in the company will amount to 37.5 billion yuan, equivalent to $5,74 billion Foxconn thus restored the balance in the “promises”, because the Chinese Central government precisely also concerned about possible change in the flow of investments from China in the United States. By the way, Foxconn in February of this year, promised to build a new plant for the production of LCD panels in Guangzhou. The price issue there is about the same as in the case of the plant in Wisconsin ($9 billion). And if the factory manufacturing LCD is not a necessity, the company on manufacture of smartphones could be more than the demand.

REUTERS/Bobby Yip

Foxconn noted in the interest of the Chinese masses to smartphones. The Taiwanese company, it would be interesting to move in the local market local brands that feel quite at ease. Smartphones for Apple, the company Foxconn assembles mostly at the plant in Zhengzhou. The plant in Nanjing would be a Playground for unleashing of the forces for the Chinese market. The volume is scheduled for Nanjing investment can also include the costs of factory for production of LCD TVs, centres for research and development, semiconductor manufacturing and logistics center. With land and infrastructure, local authorities promised to provide all necessary assistance. No details on the contract no and know would be interested.

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