Breaking News

Power Your World with DJI's New Portable Power Station Power 2000 G.SKILL CAMM2 DDR5 Memory Module Demonstrates DDR5-10000 Overclock Speed on ASUS Z890 Motherboard JCB Phone Launches New Rugged Smartphone Range to Power Global Expansion Sharkoon announces SKILLER SGK50 Wood Series TAMRON announces Ultra Wide-Angle 16-30mm F2.8 G2 Zoom Lens

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Hon Hai chief Mulls US$7 Billion Display Panel Investment in U.S.

Hon Hai chief Mulls US$7 Billion Display Panel Investment in U.S.

Enterprise & IT Jan 22,2017 0

Terry Gou, chairman of Hon Hai Precision Industry Co., the world's largest electronics contract manufacturer, said Sunday if the United States offers him free land, he might join major clients such as Apple to invest over US$7 billion to set up panel manufacturing plants there.

Gou made his remarks while meeting local and foreign media representatives during his company's year-end weiya party. Weiya is a year-end event usually organized by companies for their employees, to express their thanks for their workers' contributions.

He said Hon Hai's Japanese affiliate, Sharp, has core technologies and is cooperating with Corning. He has reached an agreement with Apple. which needs quality display products, to jointly invest in a project to make panels in the U.S.

Whether he will go ahead with the investment plan will depend on whether the U.S. is willing to offer land "at a cost of US$1" for building the panel plants. Pennsylvania is quite active in luring such an investment, he disclosed.

"If a U.S. state is willing to provide low-cost land, electricity and water, why not invest there?" Gou said.

He added that newly inaugurated U.S. President Donald Trump should love to see a vertically integrated industry such as panel manufacturing grow and develop in the country.

Tags: Hon Hai/Foxconn Technology Group
Previous Post
Samsung Announces Cause of Galaxy Note7 Incidents, Shares Quality Assurance Measures
Next Post
Apple Sues Qualcomm Over Patent Royalties

Related Posts

  • Foxconn’s Q1 Profit Influenced by Slow Smartphone Sales

  • Foxconn to Assemble Procedural Masks in Wisconsin for Pandemic Relief

  • Foxconn Says 5G IPhone Fall Launch is Feasible

  • Foxconn to Resume Production in China by End of The Month

  • Foxconn Slowly Resumes Production, Says Coronavirus Will Have am Impact to Revenue

  • Apple Stores Beijing to Reopen on February 14, Coronavirus Could Impact iPhone Production

  • China Blocks Operations of Foxconn Plants due to Coronavirus: report

  • Coronavirus Measures to Hold Back Foxconn's Production

Latest News

Power Your World with DJI's New Portable Power Station Power 2000
Consumer Electronics

Power Your World with DJI's New Portable Power Station Power 2000

G.SKILL CAMM2 DDR5 Memory Module Demonstrates DDR5-10000 Overclock Speed on ASUS Z890 Motherboard
PC components

G.SKILL CAMM2 DDR5 Memory Module Demonstrates DDR5-10000 Overclock Speed on ASUS Z890 Motherboard

JCB Phone Launches New Rugged Smartphone Range to Power Global Expansion
Smartphones

JCB Phone Launches New Rugged Smartphone Range to Power Global Expansion

Sharkoon announces SKILLER SGK50 Wood Series
PC components

Sharkoon announces SKILLER SGK50 Wood Series

TAMRON announces Ultra Wide-Angle 16-30mm F2.8 G2 Zoom Lens
Cameras

TAMRON announces Ultra Wide-Angle 16-30mm F2.8 G2 Zoom Lens

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Arctic Liquid Freezer III 420 - 360

Arctic Liquid Freezer III 420 - 360

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Noctua NH-D15 G2

Noctua NH-D15 G2

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed