On October 15th, according to foreign media reports, Taiwan Foxconn Technology Group and related government officials said that Foxconn Technology will build a new factory in Chengdu. According to sources, Foxconn’s total investment in the plant may exceed US$10 billion. It will initially employ 20,000 workers, but has not disclosed specific investment plans.

The above sources did not want to be named because the details of the construction were not announced. Foxconn spokesman Ding Qi'an did not immediately respond to the matter.