TAIPEI – Foxconn reportedly has sufficient capacity outside China to meet Apple’s demand in the American market, according to a new report from Reuters. Moving production could come into play due to fallout from the US-China trade war.
“Twenty-five percent of our production capacity is outside of China, and we have enough capacity to meet Apple’s demand in the US market,” said Liu Young-way, a member of Foxconn’s proposed new board.
Foxconn’s investment in Wisconsin is more important than before, he said. Wisconsin’s investment, expected to reach up to $1.5 billion, with up to 2,000 employees by end of 2020, is reportedly on schedule.
He also said Foxconn could adjust production lines according to a future request from Apple.