The chief executive of Taiwan's
technology giant Foxconn has confirmed his company is considering
setting up a new plant in the United States.
Terry Gou told reporters the investment might exceed $7bn (£5.7bn).
The investment by a major supplier of Apple Inc would be likely to generate thousands of jobs, if it goes ahead.
The
plans come after US President Donald Trump confirmed his "America
First" agenda meant overturning international trade treaties.
During
his campaign, and since his election, Mr Trump had repeatedly
threatened high import tariffs in order to encourage US and foreign
companies to move production to the US.
He singled out China as a significant cause of lost manufacturing jobs in the United States.
Foxconn - formally known as Hon Hai Precision - has most of its factories in China where it assembles Apple's iPhones.
Last
year, the firm took over Japanese electronics veteran Sharp and the
display-making investment being considered in the US is thought to be
under the new Sharp unit.
The White House website, updated after
President Trump's inauguration, makes clear that the new administration
will pursue plans to alter trading relationships with Asian countries.
President
Trump has also announced he will be renegotiating the North American
Free Trade Agreement (Nafta) with Canada and Mexico.
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