14.03.2022 18:36 Uhr, Quelle: AppleInsider

Foxconn plans to build a $9B factory in Saudi Arabia

Apple assembly partner Foxconn is planning to build a new $9 billion facility in Saudi Arabia, a report claims, a factory that could be used to expand its business into auto production, possibly even the Apple Car.As a major contract manufacturer, Foxconn uses many of its factories to build Apple products such as iPhones. In a Monday report, it seems that the company plans to build yet another factory, this time in Saudi Arabia.Hon Hai Precision Industry Co. has made an offer to the Saudi government for a dual-line foundry, used for "surface-mount technology and water fabrication", sources of the Wall Street Journal say. The facility, valued at $9 billion, will apparently be able to produce items such as microchips, components for electric vehicles, and display electronics.Read more

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