Foxconn discussing expansion of U.S. operations, possibly worth $7B and 50k jobs

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iPhone assembler Foxconn has confirmed that it is in preliminary discussions regarding expansion of its U.S. operations after a CNBC report showed a slide seemingly suggesting an investment of $7B and the creation of 50,000 new jobs within the USA.

The news report focused on Japanese company SoftBank pledging to invest $50B and create 50,000 jobs in the USA. However, a slide also showed a Foxconn logo on the right together with reference to an additional investment and extra jobs. The obvious inference is that the numbers on the right refer to Foxconn …

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