iPhone maker Foxconn invests $40 million in US

Nov 22, 2013

Taiwan's Foxconn, the maker of iPhones, iPads and other electronics in China, said Thursday it would invest $40 million in the United States to ramp up manufacturing of high-end products.

The world's largest contract electronics maker will create around 500 jobs in Harrisburg, Pennsylvania as it puts $30 million into a plant to build precision tools, cables for and other advanced technologies, officials from the company and the state government said.

Foxconn, also known as Hon Hai Precision, will commit another $10 million at Carnegie Mellon University in Pittsburgh, also in Pennsylvania, for research and development in robotics.

Terry Guo, the company's chairman and founder, said he welcomed President Barack Obama's talk of a US "renaissance" and picked Pennsylvania in part because the company already has small operations in Harrisburg, the state capital.

Guo decided to discuss individual contracts but indicated that Foxconn did not intend to shift to the United States production of iPhones or iPads, designed by iconic US company Apple but assembled overseas.

"We don't want to move the hand-to-hand worker jobs, we want to move the intelligent jobs—the skilled labor jobs," Guo told reporters after a ceremony with Pennsylvania officials in Washington.

Obama has vowed to put a top priority on reviving US manufacturing, which has steadily declined and cost millions of jobs in recent years as factories move to nations with cheaper labor.

The president frequently hails the creation of some 500,000 manufacturing jobs since the sector's low point in 2010, but he faces an uphill task in fulfilling a goal declared in his re-election campaign to create another one million by the time he leaves office in 2017.

Foxconn has come under a spotlight over labor unrest in its Chinese plants. At least 13 workers in China died in 2010 in apparent suicides, which activists blamed on tough working conditions.

The has denied the accusations but raised wages by nearly 70 percent at its China plants in 2010.

Explore further: Foxconn admits to intern labour violations in China

add to favorites email to friend print save as pdf

Related Stories

Foxconn admits to intern labour violations in China

Oct 11, 2013

Taiwan's Foxconn, which assembles products for Apple, Sony and other major tech firms, has admitted some of its student interns worked night shifts and overtime in violation of company policy in its Chinese facility.

Taiwan's Foxconn to open new plant in Brazil

Sep 19, 2012

Taiwanese technology giant Foxconn said Wednesday it is set to invest $492 million to build a new facility in Sao Paulo, Brazil to produce smartphones, tablets and other electronic devices.

Labor group says Apple making progress at Foxconn

May 16, 2013

(AP)—A labor group Apple Inc. joined to assess working conditions at three manufacturing plants in China, where its products are made, says conditions are improving. But employees are still working more hours than the country's ...

Taiwan's Foxconn to recruit 5,000 local technicians

Mar 11, 2013

Taiwan's tech giant Foxconn will hire 5,000 technicians locally this year, many of them to work on factory robots to build its gadgets, officials said Monday, in a sign the firm is refocusing operations to ...

Recommended for you

Chinese tech giant Alibaba set to make a splash with US IPO

30 minutes ago

The largest tech IPO of the year will come from a company that many Americans have never heard of. Alibaba Group - a Chinese e-commerce behemoth - has decided to go public in the U.S. after months of speculation that it would ...

Ex-Apple chief plans mobile phone for India

22 hours ago

Former Apple chief executive John Sculley, whose marketing skills helped bring the personal computer to desktops worldwide, says he plans to launch a mobile phone in India to exploit its still largely untapped ...

Airbnb rental site raises $450 mn

Apr 19, 2014

Online lodging listings website Airbnb inked a $450 million funding deal with investors led by TPG, a source close to the matter said Friday.

US venture investments highest since 2001 (Update)

Apr 18, 2014

Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday.

User comments : 0

More news stories

Making graphene in your kitchen

Graphene has been touted as a wonder material—the world's thinnest substance, but super-strong. Now scientists say it is so easy to make you could produce some in your kitchen.

Low tolerance for pain? The reason may be in your genes

Researchers may have identified key genes linked to why some people have a higher tolerance for pain than others, according to a study released today that will be presented at the American Academy of Neurology's 66th Annual ...

How to keep your fitness goals on track

(HealthDay)—The New Year's resolutions many made to get fit have stalled by now. And one expert thinks that's because many people set their goals too high.

Less-schooled whites lose longevity, study finds

Barbara Gentry slowly shifts her heavy frame out of a chair and uses a walker to move the dozen feet to a chair not far from the pool table at the Buford Senior Center. Her hair is white and a cough sometimes interrupts her ...