Retail in Asia

In Trends

Foxconn plans more investment in China’s Henan

Foxconn, one of the world’s largest electronics manufacturers, plans to increase its investment in central China’s Henan Province after moving factories to Henan and southwest China’s Sichuan Province last year.

Foxconn plans to invest in 19 new projects in Henan, including factories that will produce camera lenses and LED lighting rigs, as well as more branches of Foxconn’s retail chain Cybermart, Terry Gou, chairman of the Foxconn Technology Group, said during an economic forum in Taipei on Friday.
 

(Source: Shanghai Daily)