Apple supplier Foxconn says it is in preliminary discussions to expand its US operations

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Foxconn, the world's largest contract electronics manufacturer and a major Apple Inc supplier, said on Wednesday that it was in preliminary discussions to expand its operations in the United States.

"While the scope of the potential investment has not been determined, we will announce the details of any plans following the completion of direct discussions between our leadership and the relevant US officials," it said in a statement.

Foxconn is formally known as Hon Hai Precision Industry Co.

http://www.cnbc.com/2016/12/07/apple-supplier-foxconn-says-it-is-in-preliminary-discussions-to-expand-its-us-operations.html