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May 21, 2012 01:47 pm EDT
Original Link: http://www.engadget.com/2012/05/21/foxconn-factory/
Report: Foxconn spending $210 million on Apple production line
China Daily is claiming that Foxconn will pump $210 million into building a production line in China's Jiangsu province. Local authorities have stated that the plant in Huai'an city will produce components for Apple, no doubt heralding a raft of rampant speculation as to Cupertino's intentions. The building will occupy 40,000 square meters, produce $1.1 billion worth of gear per year and require 35,800 employees -- more than Nokia and Sony have fired in recent months, combined.
Report: Foxconn spending $210 million on Apple production line originally appeared on Engadget on Mon, 21 May 2012 09:47:00 EDT. Please see our terms for use of feeds.
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