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Electronics Production | May 28, 2009

Foxconn puts Mexican investments on hold

The EMS-giant Foxconn has reportedly put investment plans for its Mexican facility in Juarez on hold.

Foxconn has already invested around $135 million into the area, but has now put a hold on the outstanding $45 million investment. Reason for this seems to be the lack of support from the local government, media reports state. Basic infrastructure, such as water pipes, a drainage system and decent roads seem to be missing. Foxconn is rumoured to start transvering investment projects to other of its facilities.
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