Taiwan-based Hon Hai Precision Industry, which specializes in OEM assembly of various electronics, is planning to increase its international production space. This time the new factories are to be built in the USA. This was told to the media by the president of the company, Terry Gou. He said the impetus for the move was President Obama's decision to bring electronics manufacturing back to the US. The Taiwanese manufacturer is counting on tax breaks, as well as a more skilled workforce. At the same time, it is noted that a high degree of automation of production will make it possible to do without a large number of workers, which means that the manufacturer may not be afraid of high costs.
Another plus is simpler logistics - you don’t have to spend money on shipping and customs duties when delivering products to the United States. Namely, a significant part of Foxconn's products goes to this country.
Manufacturer Hon Hai Precision Industry (brand owner foxconn) intends to invest $40 million to build a plant in Pennsylvania. Of these, about 10 million will be spent on the automation of production.