WASHINGTON -- Foxconn Technology Group is committing up to $40 million in new US manufacturing facilities and R&D, the company's chairman said Thursday.
Of the investment, some $30 million will be allocated toward a manufacturing facility for telecommunications equipment and servers, chairman Terry Gou said. Another $10 million will go toward worth of research and development at Carnegie Mellon University.
Gou made his remarks in Washington on Thursday, where he is part of a delegation of businessmen from Taiwan. The company issued a statement saying the manufacturing plant would be sited in Harrisburg and would create about 500 jobs. Foxconn has a smaller plant there with about 30 workers.
“Hon Hai wants to put its dream into action,” Gou said in the statement. “We’ll go from original component R&D through to a complete high-end production chain. However this is not, as assumed, manufacturing for a specific brand.”
Foxconn counts Apple, Dell and H-P among its largest customers.