iPhone supplier Foxconn mulls US expansion
Foxconn tells The Wall Street Journal it's in talks to build out its current stateside operations.
Foxconn employees could some day be working on Apple products in the US.
Taiwanese electronics manufacturer Foxconn might be helping President-elect Donald Trump make good on a campaign pledge he made almost a year ago.
In January, candidate Trump said this: "We're going to get Apple to build their damn computers and things in this country instead of in other countries."
With Trump now the president-elect, Foxconn, which supplies Apple with parts for the iPhone and other products, says it's in talks to expand in the US, according to The Wall Street Journal.
"We can confirm that we are in preliminary discussions regarding a potential investment that would represent an expansion of our current US operations," Foxconn told the Journal.
Although Foxconn counts Apple as its biggest customer, it's also been investing in other tech sectors like robotics, health care and e-commerce. What's not clear is which sector Foxconn is targeting for expansion, the Journal said.
Foxconn and Apple did not immediately respond to a request for confirmation of and comment on the Journal's report.
Last month, the Nikkei Asian Review reported that Apple had asked Foxconn and another Asia-based firm that assembles the iPhone to look into the possibility of moving production to the US.
And just this week, Masayoshi Son, the CEO of Japan's Softbank, which controls Sprint, announced from the lobby of Trump Tower that his company would invest $50 billion in the US and create 50,000 new jobs. The Journal notes that Son is a longtime friend of Foxconn Chairman Terry Gou and the two have collaborated on several investments.