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Foxconn, Sharp to build US$9 billion chip plant in China with local govt: Nikkei

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Foxconn, Sharp to build US$9 billion chip plant in China with local govt: Nikkei

TOKYO: Foxconn and its Japanese electronics unit Sharp Corp are in the final stages of talks to build an advanced chip plant in Guangdong, China, with a local government, the Nikkei business daily reported.

The cost could total as much as 1 trillion yen (US$9 billion), most of which would be shouldered by the Zhuhai government through subsidies and tax breaks, the Nikkei said, without citing sources.
 
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