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Foxconn builds Apple a new production line

by on22 May 2012

$210 million for unknown range

Apple has bought its chum, Foxconn a $210 million production line.

The 40,000-square-meter plant will hire roughly 35,800 new employees to help assemble parts for either desktop and laptop computers, iPhones, iPads, and iPods. The plant will be in Foxconn's manufacturing base in Hainan, China's southernmost island province, in early April.

According to the China Daily the plant's annual output between $949 million to $1.1 billion, and also estimates the import and export value at roughly $55.8 million.

Hainan was once a place of exile for Chinese because of its isolation and tendency to be hit by typhoons.

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