News
QINHUANGDAO, CHINA – Foxconn plans to invest $1 billion in the manufacturing of electronics products over the next three years in Qinhuangdao, according to Xinhua.net.
The company will build an industrial park in the Beidaihe district of Qinhuangdao, according to Terry Gou, president of Hon Hai Precision, the parent company of Foxconn.
The park will contain nanotechnology R&D centers and electronics manufacturing factories for PCBs and signal transmitters. The location reportedly will create 35,000 jobs, says Foxconn.
Qinhuangdao is situated in Hebei province, about 300 km east of Beijing.
In February, Foxconn started a $99- million project in Langfang City, located between Beijing and Tianjin City in northern China.
MINNEAPOLIS – The SMTA and Canon Communications today announced a one-year agreement in support of Canon’s Electronics West show. Under the terms of the agreement, the SMTA will endorse Electronics West and encourage its members to participate.
PALO ALTO, CA – Current market dynamics point to further outsourcing by OEMs, and as a result, both EMS providers and ODMs will enjoy steady growth during the forecast period, says Frost & Sullivan.
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