China Business News said Foxconn has completed the first phase of the plant, and large-scale recruitment is on the agenda. The Nanning complex will mass-produce LCD screens for tablets and TVs, and communications equipment including routers.
Sun Lijian, senior economist at Fudan University in Shanghai, said: "Judging from previous investments, it is safe to say that preferential policies like tax incentives from local governments are the gravitational pull for Foxconn. That's usually where they see new market buoyancy."
The company has a large presence across China, with one of its latest ventures being a distribution center in Shanghai. Construction began in May.
Market watchers said Foxconn is also considering investment in the US and is assessing cities such as Detroit and Los Angeles as possible factory locations.
"That is, again, in line with a renewed focus on manufacturing in the US, as Washington struggles to stimulate the economy and create jobs," Sun said.
Contact the writer at hewei@chinadaily.com.cn
Related Readings
Life inside Apple supplier Foxconn's facility
Foxconn 'not moving HQ to Chengdu'
Foxconn to build LCD TV plant in Chongqing
Foxconn factory rolls on in spite of strike
Report: Foxconn working conditions improve
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
