Hon Hai pivots to America after China problems

URLhttp://www.scmp.com/business/companies/article/139
SourceSouth China Morning Post
Date Published01/02/2014
Author NameRalph Jennings
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hon Hai Precision Industry/Foxconn
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):500
Year reshoring announced:2013
Year reshoring implemented or to be implemented:2014
Capital investment ($):30
Country(ies) from which reshored:China,Taiwan, Province of China
State(s) reshored to:PA
Industry(ies):Computer/Electronic Products, Electrical Equipment/Appliances/Components
What non-domestic negative factors made offshoring less attractive?Rising wages
What domestic positive factors made reshoring more attractive?Image/brand, Skilled workforce availability/training, Advanced legal system
Find Reshoring Articles