President-Elect Donald Trump wants Apple and its tech peers to consider better and greater high-tech job creation in America.

James Campbell

2017-01-03 03:26:00 Tue ET

President-Elect Donald Trump wants Apple and its tech peers to consider better and greater high-tech job creation in America.

Apple has asked its primary manufacturers, Foxconn and Pegatron, to consider moving iPhone and iPad production back to America.

Pegatron declined to pursue this idea due to cost concerns, whereas, Foxconn might continue to weigh the pros and cons down the road.

Along the upstream supply chain, Apple's main assemblers such as Foxconn and Pegatron and their affiliates might face cost pressures that would weaken their longer-term operating profitability.

A subsequent update suggests that Foxconn will open a new LCD panel display plant in Wisconsin to integrate the current production of Apple's iPhone X in the foreseeable future.

Centralizing this robotic manufacturing automation in America helps take costs out of the iPhone and iPad upstream supple chain.

Foxconn Chairman Terry Guo has noted that the technology group expects to open up to 3 new plants for better iPhone and iPad production in America.


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The Trump fiscal trifecta of lower income taxation, new infrastructure, and deregulation has yet to run its natural course.

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Fed Chair Jerome Powell hints slower interest rate increases because the current rate is just below the neutral threshold.

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Harley Davidson plans to move its major production for European customers out of America due to European Union tariff retaliation.

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Microsoft acquires GitHub, a software development platform that has been widely shared-and-used by 28 million programmers worldwide.

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