Apple Supplier Foxconn Is in Talks to Invest in the U.S.

Foxconn, one of Apple's biggest suppliers, is in talks to invest further in the United States.

December 8, 2016

CNNMoney

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Taiwan-based Foxconn is a giant contract manufacturer that plays a key role in assembling iPhones for Apple, employing hundreds of thousands of workers in mainland China.

"We are in preliminary discussions regarding a potential investment that would represent an expansion of our current U.S. operations," Foxconn said in a statement provided to CNNMoney.

The company was responding to the appearance of Foxconn's name on a document carried by a top Japanese tech CEO in a meeting with U.S. President-elect Donald Trump.

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