iPhone Maker Foxconn Invests $40 Million In US Manufacturing

Taiwan's Foxconn, the maker of iPhones, iPads and other electronics in China, is to invest $40 million in the United States to ramp up manufacturing of high-end products. The world's largest contract electronics maker will create around 500 jobs in Harrisburg, Pennsylvania as it puts $30 million into a plant to build precision tools, cables for electric cars and other advanced technologies, officials from the company and the state government said. Foxconn, also known as Hon Hai Precision, will c...