© Reuters. FILE PHOTO: A man walks past a company logo at the entrance to a Foxconn factory in Longhua township, southern Guangdong province May 27, 2010. REUTERS/Bobby Yip
(Reuters) – Foxconn Technology Group (TW:) is in talks with Saudi Arabia to jointly build a $9 billion facility that could make microchips, electric vehicle components and other devices electronics, The Wall Street Journal reported Monday, citing people familiar with the matter.
Foxconn, which is a supplier to Apple Inc (NASDAQ:), did not immediately respond to a Reuters request for comment.
(History refiles to correct Reuters instrumentation code for Foxconn Technology Group.)
Merged media or anyone involved with Fusion Media will accept no liability for any loss or damage resulting from reliance on the information, including data, quotes, charts and buy/sell signals contained in this website . Please be fully informed of the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investment possible.