Foxconn could triple US investment to US$30b: Trump

Beijing

FOXCONN chairman Terry Gou is considering tripling his US investment budget to US$30 billion, President Donald Trump said while outlining "off-record" remarks made by the billionaire founder of Apple Inc's biggest manufacturing partner.

Foxconn Technology Group, the main assembler of the iPhone, unveiled last week plans to build a US$10 billion display plant in Wisconsin, hiring as many as 13,000 people for a project Mr Trump touted as a victory for his "America First" effort to brings jobs back to the US.