Foxconn reportedly investing $210M in new Apple production line

According to a report from the China Daily, Foxconn is looking to invest $210 million in a new Apple production line that will be based in Huai’an city, China, according to the office of Taiwan Affairs today. The plant is expected to be relatively big in size, covering 40,000 square meters, with plans to hire 35,800 workers. However, it looks to be smaller than Foxconn’s other plants. When it comes to how much the plant plans to produce, the output from the plant is expected to be between $949 million to $1.1 billion yearly, according to the report.

It is not clear which Apple products are expected to be built in the plant, but construction will begin in October of this year, perhaps ruling out possibility of the factory producing the sixth-generation iPhone that is rumored to go into production in June. Manufacturing for the new iPhone will most likely take place in Foxconn’s main Shenzhen plant, where upwards of 200,000 workers currently work. Foxconn also opened a new plant in Brazil and a larger plant in Zhengzhou just last year.