Foxconn to Build New $210 Million Production Line for Apple?

Foxconn is reportedly planning to build a new $210 million production line for Apple in October, according to ChinaDaily.

The plant housing the production line, to be located in Huai'an city, will produce components for American multinational corporation, Apple Inc, said the office of Taiwan Affairs of Huai'an city. The plant, covering an area of 40,000 square meters, plans to hire 35,800 employees.

The plant's annual output is expected to be about $1 billion while it's import and export value will be about $55 million.


Read More [via AppleInsider]