Digitimes is reporting that tech manufacturer Foxconn is planning to bring factories stateside.
According to the report, Foxconn is looking into bringing manufacturing plants to either Detroit or Los Angeles. The predominantly China-based manufacturer would reportedly be building LCD displays in those US locations.
If rumours are true, the news would be a shocker. Manufacturing is mostly done in places like China because labour is so much cheaper there. Lax labour laws around the world mean Foxconn can pay workers in foreign territories pennies on the dollar.
Not to mention, US workers can only work a set amount of hours a day. Which may not necessarily jibe with Foxconn's current worker work load.
While it remains to be seen how a shift to US labour would help Foxconn, it would certainly help American workers. The US has been decimated by a lack of manufacturing jobs stateside.
Detroit specifically has struggled to regain some semblance of prosperity following the movement of automobile manufacturing oversees. However, a push towards tech manufacturing in the US could change all that.
The big question now is if there is any validity to the rumours. Digitimes points to a particularly curious anecdote which could give its allegations some weight.
The Digitimes article points out that Foxconn chairman Terry Gou recently told reporters that Foxconn plans to start a training programme for US engineers. According to the report, Foxconn will be sending American engineers to its plants in China in an effort to educate them about the companies manufacturing process.
08 Nov 2012