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Foxconn in talks to build $9B factory in Saudi Arabia

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Apple supplier Foxconn Technology Group is in talks to build a $9 billion factory in Saudi Arabia, people familiar with the matter told The Wall Street Journal.

If built, the factory may make microchips, electric-vehicle components and other electronics.

Foxconn also is talking with the United Arab Emirates about potentially building the factory there, one of the sources said.

Read more from The Wall Street Journal.

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