Thursday November 17, 2016

Apple Could Be Make iPhones In US?

With Apple's profit margins being the lowest in fifteen years, I can't see them moving iPhone production to the U.S., but what do I know? According to the anonymous sources cited in the article, Foxconn might even be willing to make some phones here.

Key Apple assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, has been studying the possibility of moving iPhone production to the U.S., sources told the Nikkei Asian Review. "Apple asked both Foxconn and Pegatron, the two iPhone assemblers, in June to look into making iPhones in the U.S.," a source said. "Foxconn complied, while Pegatron declined to formulate such a plan due to cost concerns."