Foxconn Electronics, the world?s largest contract manufacturing company, has announced a deal with a handful of China-based companies to build a regional production facility for Amazon, according to local sources within the industry.
The company?s Integrated Digital Product Business Group (iDPBG), which assembles iPhones and iPods for its largest partner, has just signed a cooperation agreement with the Hengyang City Government in Hunan Province to build an Amazon production center within the city, along with a precision molding demonstration park for plastic and injection molds.
The Amazon production center and accompanying molding site will require involved parties to make an investment of ?6 billion ($870.53 million), according to local Chinese media. Those reports, however, do not suggest how much Foxconn will contribute to the project.
Bookmarks