Report: Foxconn to construct third campus in Shenzhen to build Apple prototypes
Meanwhile, while Foxconn chairman Terry Gou told reporters that the company is not leaving China, it is reportedly looking at ways it can move some iPhone production to the U.S. This would be done to help Apple avoid a 35% tariff on its products made overseas, but sold in the states. President-elect Donald Trump has threatened to levy this charge as a way to force U.S. corporations to move production to the states, thus allowing American workers to snag factory jobs. Just the other day, we told you that Foxconn could build an LCD manufacturing plant on U.S. soil.
But the Chinese government is applying pressure of its own. Gou turned down the opportunity to attend Trump's inauguration this Friday because the Chinese government is pressuring the country's top businessmen not to move facilities to the U.S. to appease Trump. Even with speculation that Foxconn is trying to devise a way to build the iPhone in the U.S., Gou told reporters that "Foxconn will not leave [China]. Foxconn will stay." Those in the know say that Gou wants to meet Trump, and that his decision to skip the inauguration came after he met with a high-ranking Chinese official.
source: NikkeiAsianReview via AppleInsider