Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
Electronics Production |

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.

Ad
Ad
Load more news
March 28 2024 10:16 am V22.4.20-2
Ad
Ad