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  • Foxconn In Talks To Build $9 Billion Factory In Saudi Arabia

    03/14/2022 8:16:42 PM PDT · by blam · 19 replies
    Nation And State ^ | 3-14-2022
    Dear liberals: Pretty soon, your iPhone could be assembled in a country where homosexuality is punishable by death, and religious dissidents are sometimes beheaded. In what could be a victory for Crown Prince Mohammad bin Salman’s effort to attract tech companies to help diversify Saudi Arabia’s economy away from oil and gas, Foxconn, the Taiwanese consumer tech giant that’s one of Apple’s biggest contractors, has reportedly submitted a proposal to build a $9 billion factory in the Kingdom. WSJ reports that the kingdom “is reviewing an offer from the company, formally known as Hon Hai Precision Industry, to build a...