Foxconn produces a significant share of the world’s consumer electronics at its factories in central China, but is now spending millions to build up its operations around the world and lessen its dependence on Beijing. — Shane Lavalette/The New York Times
TAIPEI: Last month, giant Taiwanese electronics manufacturer Foxconn spent US$33mil (RM147mil) to buy a 10-acre (4-hectare) tract north of Houston to expand its operations. It is also building factories in India and Mexico and investing hundreds of millions of dollars in Thailand.
Foxconn produces a significant share of the world’s consumer electronics at its factories in central China. It has long assembled iPhones for Apple and says it makes almost half of all computer servers that power artificial intelligence (AI) systems.
