Foxconn to Spend US$3 Bln on LCD, DSC Production Facility in Wuhan
June 08, 2007
Taiwan-based Foxconn has started construction on its production base in the Donghu Hi-Tech Park of Wuhan, Hubei Province, which will be dedicated to the production of LCD (Liquid Crystal Display) monitors and DSCs (Digital Still Cameras). Moreover, LED (Light Emitting Diode) manufacturing is included in the future plan as well. Foxconn is expected to invest approximately US$3 billion in this facility covering an area of more than 10,000 acres. With an estimated workforce of 150,000 to 200,000, Foxconn's Wuhan production base is expected to turn out 15 million LCD monitors and 30 million DSCs per year.