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Apple’s iPhone Supplier Foxconn to Move Production to the US

Apple s iphone supplier foxconn to move production to the us

One of the promises made by United States President-elect Donald Trump during his campaign was that more domestic manufacturers would start building their products locally, naming Apple as one of the companies that should make the iPhone in the States.

And now it appears that Trump’s promise is close to becoming a reality, as Foxconn, one of the biggest Apple suppliers, is planning a multi-billion investment in the United States that could eventually lead to building iPhones in the country.

Bloomberg reports that this disclosure came just after SoftBank Group announced that it would invest $50 billion in the United States and create 50,000 jobs locally after a meeting with Donald Trump. A document that was held up by SoftBank’s CEO after the meeting included references to Foxconn and a $7 billion investment.

Foxconn originally s… (read more)

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