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Apple supplier Foxconn in talks to build factory in Saudi Arabia

by Mike Robinson

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© Reuters. FILE PHOTO – A man passes a Foxconn logo as he enters a Foxconn factory at Longhua, in southern Guangdong Province May 27, 2010. REUTERS/Bobby Yip

(Reuters) – Foxconn Technology Group and Saudi Arabia are in discussions to jointly build a facility worth $9 billion that can make electronic components, microchips and electric-vehicle parts, according to the Wall Street Journal.

Foxconn (a supplier of Apple Inc. (NASDAQ:)), didn’t immediately reply to Reuters’ request for comment.

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