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Foxconn to build $10 billion manufacturing plant in Wisconsin as part of massive expansion plan in US

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Foxconn says the expansion is the first in a series of investments in the United States

Foxconn says it will invest $10 billion over the next four years to build a liquid crystal display panel manufacturing facility in Wisconsin.

Foxconn, a Taiwanese company also known as Hon Hai Precision, says the new facility will be a “state-of-the-art” plant and part of its “intelligent manufacturing ecosystem”.

Foxconn is one of the world’s largest electronics manufacturing services providers, and makes iPhones and other devices for Apple.

The investment, which is believed to be the largest new greenfield investment made by a foreign-based company in US history, will create 3,000 jobs with the potential to grow to 13,000 new jobs in that state.  [Read more…] about Foxconn to build $10 billion manufacturing plant in Wisconsin as part of massive expansion plan in US

Apple to build three ‘big, big, big’ manufacturing plants in the US, claims Trump

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President Donald Trump says Apple CEO Tim Cook has committed to building “three big manufacturing plants in the US”, according to a report on the Wall Street Journal website. 

In an interview with the business and investment newspaper, Trump is reported to have said: “I spoke to [Cook], he’s promised me three big plants – big, big, big.

“I said you know, Tim, unless you start building your plants in this country, I won’t consider my administration an economic success. He called me, and he said they are going forward.”  [Read more…] about Apple to build three ‘big, big, big’ manufacturing plants in the US, claims Trump

Foxconn to manufacture ‘95 per cent’ of new Apple iPhone 8

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iphones

Foxconn is to produce 95 per cent of the new Apple iPhone, the eighth incarnation of the device, according to a report on PatentlyApple.com. 

It’s not clear from the story whether any of the production will take place in the US, although that’s unlikely given that Foxconn hasn’t even chosen where in the US to expand its manufacturing operations.

The Taiwanese manufacturer has been considering its options, and Michigan is said to be one of the locations being scouted.  [Read more…] about Foxconn to manufacture ‘95 per cent’ of new Apple iPhone 8

Foxconn evaluating US locations for $10 billion expansion plans

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Foxconn, the main manufacturer for Apple’s smartphones and tablet computers, is looking for locations in the US to invest $10 billion into setting up factories, according to a variety of reports in the media. 

The company has already earmarked $7 billion for a display panel factory after buying the Sharp electronics company, although it’s not certain where it will be located.

The Taiwanese company’s newly found interest in the US comes after President Donald Trump made it clear that he prioritises the reinvigoration of the country’s manufacturing base.  [Read more…] about Foxconn evaluating US locations for $10 billion expansion plans

Foxconn considers options for establishing multi-billion-dollar manufacturing facilities in the US

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Foxconn, the Taiwanese manufacturing giant which makes Apple devices among other things, is considering its locations, incentives and other options for establishing manufacturing facilities in the US. 

Among the locations being discussed are two cities in Oakland County, in the state of Michigan; and the amounts being mentioned range from $4.2 billion to $7 billion.

The Crain’s Detroit website reported that Foxconn’s expansion would create 2,000 to 5,000 jobs in the southeast Michigan area, but the situation is fast moving.  [Read more…] about Foxconn considers options for establishing multi-billion-dollar manufacturing facilities in the US

US President Donald Trump orders reduction of manufacturing and construction bureaucracy

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Newly inaugurated US President Donald Trump has signed an order aimed at reducing the amount of bureaucracy involved in getting permissions and licences in the manufacturing and construction sectors. 

Trump got elected partly on a platform to rejuvenate manufacturing and industry – or his “make it in America” mantra – and these first few days have seen some big changes proposed.

The order he signed is designed to streamline the administrative process, which Trump said was “incredibly cumbersome, long, horrible”.  [Read more…] about US President Donald Trump orders reduction of manufacturing and construction bureaucracy

Manufacturing: Trump tempts Toyota with tax break if it builds cars in US instead of Mexico

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toyota mexico
Mexican President Enrique Peña Nieto with Toyota North America CEO James Lentz last year during the start of building the facility in Guanajuato

lockAfter apparently pressuring Ford to change its plans to expand its manufacturing operations in Mexico, President-elect Donald Trump is reportedly putting pressure on Toyota to follow suit. 

Ford had intended to build a plant in Mexico, but is now applying the brakes on those plans, according to the Economist.

A couple of days ago, Ford said it would cancel its $1.6 billion project in San Luis Potosí, Mexico and instead invest $700 million in its plant in Michigan, in the US.  [Read more…] about Manufacturing: Trump tempts Toyota with tax break if it builds cars in US instead of Mexico

Foxconn to replace all humans with robots

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Hon Hai Precision, better known as Foxconn, says it will replace all its human workers with robots, according to a report in Futurism.com. 

Quoting DigiTimes.com, Futurism says Foxconn has announced a three-part plan to fully automate its factories in the hope of achieving 30 per cent automation by 2020.

Foxconn currently has about 40,000 robots – or Foxbots – working in its factories. The company says it has the capacity to produce 10,000 Foxbots a year.  [Read more…] about Foxconn to replace all humans with robots

Foxconn and Apple negotiating with Indian government on manufacturing and retailing

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Apple and its main manufacturer Foxconn are negotiating with the Indian government over the possible establishment of a manufacturing plant and retail stores in the country. 

This is according to reports on the AppleInsider.com website, which quotes India’s Economic Times newspaper.

Indian business regulations require foreign companies to source at least 30 per cent of their goods from local suppliers, a requirement which has stalled Apple’s plan to open up a number of stores in the country of 1 billion people.  [Read more…] about Foxconn and Apple negotiating with Indian government on manufacturing and retailing

Foxconn reaches 40,000 industrial robot installations

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Foxconn, the Taiwan-headquartered industrial robotics and automation company which makes a lot of Apple’s devices including the iPhone and iPad, says it has now installed 40,000 industrial robots in mainland China.

This is according to a report on the Next Big Future website, which adds that company plans to increase that figure ten-fold.

The robots are built almost entirely in-house with the exception of some components like servo motors and speed reducers, said Foxconn’s Dai Chia-peng to Taiwan’s Central News Agency, as quoted by DigiTimes.  [Read more…] about Foxconn reaches 40,000 industrial robot installations