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Foxconn Wants to Win Even More Apple Business by Building $5.7 Billion Display Factory

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Foxconn is already a massive and ever-present supply-chain partner for Apple, but according to a report in The Wall Street Journal today, via MacRumors, the firm is looking to become an even bigger part of Apple’s manufacturing process.

It seems that Foxconn is aiming to build a new plant solely for the purpose of manufacturing displays for Apple products.

The WSJ says that Foxconn is considering investing with the government of Zhengzhou in China, which is approximately 750 kilometers south of Beijing. The two parties have even got as far as discussing how the investment would be divided, with a total investment figure of around 35 billion yuan ($5.7 billion) being bandied around.

As The Wall Street Journal’s illustration shows, iPhone screens are the most expensive part of the phones to make, and in the past Apple has shopped around, using a wide variety of manufacturers, including Samsung, LG Display, Sharp and Japan Display. Foxconn has apparently been trying to become more expert at display production in the hopes of winning more business from Apple.

Source: MacRumors
 
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