Taiwan's Foxconn and others accelerate investment in Mexico - Nikkei
Technology
Taiwan's Foxconn and others accelerate investment in Mexico - Nikkei
(Reuters) - Foxconn (2317.TW) and other Taiwanese tech suppliers are increasing their production capacity in Mexico to meet a growing demand for electric vehicles (EVs) and servers to be made in North America, Nikkei Asia reported on Tuesday.
Mexico is one of the key locations for the Foxconn s strategic investments this year, according to the report, citing a person with direct knowledge of the matter.
Foxconn, the world s biggest contract electronics manufacturer and a key iPhone assembler, will have local manufacturing options in Ohio, Wisconsin and Mexico for EV clients, the report added.
