Foxconn mulls setting up shop in Saudi Arabia

Stefan Mileschin · 16th March 2022, 05:37

Human rights not applied

Foxconn which assembles Apple iPhones, is in talks with Saudi Arabia about jointly building a $9 billion multipurpose facility.

If it goes ahead it could mean that Apple iPhones could be assembled by those who are literally in fear of losing a body part if anything is stolen.

The plant could make microchips, electric-vehicle components and other electronics like displays.

The Saudi government is reviewing an offer from the company to build a dual-line foundry for surface-mount technology and wafer fabrication in Neom, a tech-focused city-state the kingdom is developing in the desert.

Discussions over the project started last year, they said. The Saudis are conducting due diligence and benchmarking the offer against others that Foxconn has made for similar projects globally, one of the people said. Besides Saudi Arabia,

https://fudzilla.com/news/54529-foxc...n-saudi-arabia

16th March 2022, 05:37	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	Foxconn mulls setting up shop in Saudi Arabia Human rights not applied Foxconn which assembles Apple iPhones, is in talks with Saudi Arabia about jointly building a $9 billion multipurpose facility. If it goes ahead it could mean that Apple iPhones could be assembled by those who are literally in fear of losing a body part if anything is stolen. The plant could make microchips, electric-vehicle components and other electronics like displays. The Saudi government is reviewing an offer from the company to build a dual-line foundry for surface-mount technology and wafer fabrication in Neom, a tech-focused city-state the kingdom is developing in the desert. Discussions over the project started last year, they said. The Saudis are conducting due diligence and benchmarking the offer against others that Foxconn has made for similar projects globally, one of the people said. Besides Saudi Arabia, https://fudzilla.com/news/54529-foxc...n-saudi-arabia

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