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Foxconn considers $7bn US display facility with Apple

Taiwanese manufacturer pledges China investment increases for Sharp products

Foxconn Chairman Terry Gou, left, says his company is exploring investments in the U.S. but has no plans to leave China. (Photo by Kensaku Ihara)

TAIPEI -- Key iPhone assembler Hon Hai Precision Industry is mulling a joint investment with Apple topping $7 billion for a highly automated display facility in the U.S., Chairman Terry Gou said Sunday.

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