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Foxconn to invest US$40 million in Pennsylvania
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Mumbai / Bangalore- December 13, 2013
Foxconn,
world's leading manufacturer of computer components and systems, will
invest US$40 million in Pennsylvania, the US, over two years, according
to group president Terry Guo.
"The
investment is in line with the US government's Advanced Manufacturing
in America policy. Foxconn will invest US$30 million in Foxconn East
America, a subsidiary based in Harrisburg, to expand an existing R&D
team to set up an advanced manufacturing facility for high value-added
products for applications including automobiles, medical care and
environmental production, Terry Guo added that the expansion will recruit about 500 employees."
In
addition, Foxconn will invest US$10 million in Carnegie Melon
University in Pittsburgh specifically for R&D on robotic industrial
automation.
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About Foxconn
Foxconn
was established in 1974 and has grown to become the largest ODM in the
world with nearly 1,000,000 employees and revenues in excess of USD 100
billion. Foxconn's customer base includes many famous brands in
computing, communications and consumer electronics, for example; Apple,
Cisco, Dell, HP, Nokia and Sony. With expertise in design and
manufacturing, Foxconn's Channel Division is able to bring barebones and
component products to channel customers around the globe, giving them
the freedom to create their own solutions. To learn more, visit: www.foxconnchannel.com.
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