# Foxconn intends to invest USD5.77 billion in Nanjing projects

Hon Hai Precision Industry (Foxconn) reached an agreement with the Nanjing municipal government to invest USD5.77 billion in a smartphone factory, LCD TV factory, research and production center, and semiconductor equipment logistics center.

- Type: Investment
- Announced: 2017-09-14
- Where: Nanjing, China
- Value: $5.77B
- Status: announced
- Products: smartphones, LCD TVs, semiconductor equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Hon Hai Precision Industry Co., Ltd.](https://endata.com/companies/17449.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/foxconn-intends-to-invest-usd577-billion-on-projects-in-nanjing), 2017-09-14: "Foxconn Intends to Invest USD5.77 Billion on Projects in Nanjing"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.