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« on: November 21, 2014, 03:00:36 am »

Foxconn building $2.6 billion dedicated display plant for a single client

<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p><a href='http://www.imore.com/foxconn-building-26-billion-dedicated-display-plant-single-client' title="Foxconn building $2.6 billion dedicated display plant for a single client"><img src='http://www.imore.com/sites/imore.com/files/styles/large/public/images/stories/2012/02/19foxconn1_span-articleLarge.jpg?itok=g8gv2mLK' />[/url]</p> <p>Foxconn, the manufacturer of Apple's devices, including the iPhone and iPad, is about to invest $2.6 billion in a facility in Taiwan dedicated to producing displays for a single client. While the client isn't explicitly named, few companies other than Apple could generate the demand that would require a dedicated display production facility. The plant is expected to begin producing displays by the end of next year, according to Bloomberg:</p> <!--break-->
<p>Equipment installation will commence next month with mass production of panels to start by the end of 2015 after an urgent request for exclusive capacity, Sophia Cheng, a public relations representative for Foxconn's display unit Innolux Corp., said by phone, citing comments made by President Wang Jyh-chau at a press conference today.</p>
<p>The facility should help Foxconn keep up with demand for new devices. Not long after the launch of the iPhone 6 and iPhone 6 Plus, Foxconn was said to be having trouble keeping up with demand for both phones.</p> <p>Source: Bloomberg</p> </div></div></div><div id="comment-wrapper-nid-28484"></div><img width='1' height='1' src='http://tipb.com.feedsportal.com/c/33998/f/616881/s/40accfee/sc/4/mf.gif' border='0'/><br clear='all'/>

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