Post election, a major Apple supplier may expands its USA operations.
From Chris Smith at BGR:
President-elect Donald Trump has said time and again that he wants to convince Apple to make iPhones in America. At least some of them. Talking to Apple CEO Tim Cook about the matter after his big win, Trump reiterated his desire to see Apple manufacture products in America. While it’s too early to actually see an iPhone made in America, there’s one more sign that such a move might actually be possible.
Trump on Tuesday met Masayoshi Son, the head of Japan’s SoftBank Group, who later announced a commitment to invest $50 billion in America and create more than 50,000 jobs. But that’s not the only Asia-based tycoon looking to expand to the US. Foxconn, the company that manufactures the iPhone in China for Apple, is apparently in preliminary discussions to expand its US operations.Smith cited Masayoshi Son, the head of Japan’s SoftBank Group, who announced with President Trump plans to invest $50 billion in America and create more than 50,000 jobs.
Son and Foxconn founder Terry Gou are considered close, Reuters says, and have joint business ventures. Foxconn already has manufacturing facilities in the US in Virginia and Indiana, and logistics services in California and Texas.Fake News said this would never happen.
The economy finally takes off after 16 years of Bush and Obama, particularly the latter eight years when so many people just gave up on working for a living.
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