Andre Yoskowitz
17 Feb 2014 21:49
According to the WSJ, Foxconn may begin manufacturing TVs in the U.S. in the near future.
Last month, chairman Terry Gou said the company was "studying the feasibility" of opening a plant to build TVs in the U.S. Now, the idea is gaining traction: "We have many big projects in the US coming up. For instance, is it possible to make our 120-inch TVs in Taiwan and ship them over? It's impossible. We have to make them on site."
Foxconn is already a major partner for American-based Vizio, but the company's displays are manufactured in Asia. The two companies recently unveiled a 120-inch 4K TV at CES, and Gou's latest comments seem to suggest that such a design would require an American plant.
The manufacturing giant recently announced plans to open a $30 million R&D plant in Pennsylvania that includes an additional $10 million investment in research at Pittsburgh's Carnegie Mellon University.