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Foxconn confirms it is mulling US investment

Apple supplier addresses speculation after 'leak' by SoftBank chief

TAIPEI -- Hon Hai Precision Industry is thinking about investing in the U.S., the Taiwanese company said Wednesday, after its logo turned up on a document held by SoftBank Group CEO Masayoshi Son in an appearance with U.S. President-elect Donald Trump.

"We can confirm that we are in preliminary discussions regarding a potential investment that would represent an expansion of our current U.S. operations," said Hon Hai, also known as Foxconn, the world's leading contract electronics manufacturer.

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