Report: Foxconn/Hon Hai planning to build $1 billion factory for next generation of Apple products

Tue, Oct 20, 2009


MarketWatch reports that Foxconn’s largest shareholder, Hon Hai Presicion Industry, is planning to build a $1 billion factory in China that could very well be used to manufacture Apple’s next generation of products.  Forxconn, of course, is the company that currently manufacture’s Apple’s iPhone, and they’ve been rumored to have been selected to manufacture Apple’s upcoming “tablet” as well.

And so the plot thickens…


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