We are just over a week into Trump elect, the markets are taking off, all lobbyists have been removed from the transition team and a new 5yr contract established for the administration, and Apple is considering moving iPhone production to America.
Nikkei: “iPhones might one day soon carry “Made in America” labels. Key Apple assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, has been studying the possibility of moving iPhone production to the U.S., sources told the Nikkei Asian Review.
“Apple asked both Foxconn and Pegatron, the two iPhone assemblers, in June to look into making iPhones in the U.S.,” a source said. “Foxconn complied, while Pegatron declined to formulate such a plan due to cost concerns.”
Foxconn, based in the gritty, industrial Tucheng district in suburban Taipei, and its smaller Taiwanese rival churn out more than 200 million iPhones annually from their massive Chinese campuses.”
During the campaign Trump said he was for it, we do not make anything in America anymore.