Foxconn to Invest US$1 Billion in Production Facilities in Jiangsu, China
October 05, 2006
Taiwan-based Foxconn has signed a letter of intent to invest over US$1 billion in building its third technology park in the Chinese province of Jiangsu. Construction on this new project, located in the Huai'an Economic Development Zone, is expected to take five years. The new facilities will be used for the production of electronics devices.