Foxconn to invest $210M in new Apple production line
Foxconn, the manufacturer of Apple’s iPhones, iPads and Macs, plans to invest $210 million in a new Apple production line in China’s east Jiangsu province in October, according to a report from China Daily. The 40,000 square meter plant will employ as many as 35,800 workers and will be located in Huai’an City. The office of Taiwan Affairs of Huai’an City confirmed that the plant will house a production line for Apple devices and is expected to output between $949 million to $1.1 billion a year. The report did not indicate which Apple products would be assembled at the new plant, however.
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