FOXCONN SAYS IT MAY BUILD $7B PLANT IN U.S.

Taiwan electronics maker Foxconn may build a display-manufacturing plant in the U.S., the value of which could exceed $7 billion. The world’s largest contract device maker — one of its best-known partners is Apple, for whom it assembles iPhones — had been mulling the project, Foxconn CEO Terry Gou said. Foxconn would build the display plant with Sharp, the tech display company it acquired last year. The company’s commitment to do the deal would depend on investment conditions, Gou told reporters from Reuters and other outlets while speaking at a company event.