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.

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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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