Apple Supplier Foxconn In Talks To Build Factory In Saudi Arabia – WSJ

Foxconn Technology Group is in talks with Saudi Arabia about jointly building a $9 billion facility that could make microchips, electric-vehicle components and other electronics, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Foxconn, which is a supplier to Apple Inc, did not immediately respond to a Reuters request for comment.

(Reporting by Chavi Mehta in Bengaluru; Editing by Devika Syamnath)