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FOXCONN WILL INVEST $138 MILLION FOR NEW BUSINESS HEADQUARTERS IN CHINA

  • NEWS Desk Global
  • Jul 24, 2024
  • 1 min read



Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, said on Wednesday it plans to invest 1 billion yuan ($137.5 million) to construct a new business headquarters in Zhengzhou, China.

Foxconn, formally called Hon Hai Precision Industry Co Ltd, signed a contract with the Henan provincial government for the proposed project, which will have a construction area of about 700 acres (283 hectares), the company said.

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