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Foxconn new Sichuan plant for laptops
Source: Xinhua |
October 23, 2010, Saturday
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Print Edition
Print Edition
FOXCONN, the world's largest electronics contractor, yesterday opened a US$2 billion plant in Chengdu, capital of southwest China's Sichuan Province, to manufacture laptop computers.
Hongfujin Precision Electronics (Chengdu) Co, the factory's owner and a subsidiary of Taiwan-based Foxconn Technology Group, has a registered capital of US$100 million.
Investment for the first phase of the plant stands at US$299 million, with total investment due to reach US$2 billion when the second and third stages of construction are complete, said Chuang Hong-Jen, a senior Foxconn executive, at a ceremony marking the opening of the plant.
He did not say how many people will be employed at the new plant or when the second phase of construction will be complete.
Hongfujin Precision Electronics (Chengdu) Co, the factory's owner and a subsidiary of Taiwan-based Foxconn Technology Group, has a registered capital of US$100 million.
Investment for the first phase of the plant stands at US$299 million, with total investment due to reach US$2 billion when the second and third stages of construction are complete, said Chuang Hong-Jen, a senior Foxconn executive, at a ceremony marking the opening of the plant.
He did not say how many people will be employed at the new plant or when the second phase of construction will be complete.
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