Softbank to Invest $50 Billion in the U.S. to create 50,000 new Tech Jobs and Somehow Foxconn is Included in the Deal
Research Study: Apple iPad Shipments in Q4 up 17.2% Accounting for 21.3% of Shipments Worldwide

Foxconn Confirms they're in Preliminary Discussions to expand its Operations in the United States

1af 88 cover Foxconn


Yesterday Patently Apple posted a report titled "Softbank to Invest $50 Billion in the U.S. to create 50,000 new Tech Jobs and Somehow Foxconn is Included in the Deal." Our report keenly picked up on a photo of presentation sheet held up by Softbank's Masayoshi Son that showed Softbank's and Foxconn's commitment to investment and jobs in the U.S. as noted below.


2af foxconn noted on softbank offer for jobs

Earlier today, after Son's meeting with Trump, Foxconn, the world's largest contract electronics manufacturer and a major Apple supplier, said that it was in preliminary discussions to expand its operations in the United States.


The Foxconn statement further added that "While the scope of the potential investment has not been determined, we will announce the details of any plans following the completion of direct discussions between our leadership and the relevant US officials."


Patently Apple reported last month that Apple's CEO was smart and forward thinking enough to have asked Foxconn to investigate making iPhone in the U.S.


Patently Apple first covered this subject back in July in a report titled "The Impossible Dream of a Made-in-America iPhone." The naysayers made it clear that it was never going to happen.


More commentary from the naysayers could be found in this report just to show you the level of negativity. One commenter stated "i am incredibly dismayed about how little people know about what it would take to shift iPhone production to the US."


Not that it's a done deal yet because it may never happen. But the action taken by sharp Asian companies and their respective executives of late show that business is business and that they're willing to bring factories and jobs to the U.S. under the right circumstances and conditions. These businessmen believe that President-Elect Trump will make the conditions right to get the deal done.


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