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Foxconn considering U.S. manufacturing plant?

Reports indicate that the Chinese manufacturing firm Foxconn, known for manufacturing popular electronic devices such as the iPhone, may be scouting locations for a new U.S. based plant.

The two cities currently being considered by Foxconn are Detroit and Los Angeles.  Both cities have unemployment rates far higher than the national average of eight percent (Detroit 18.1%, L.A. 11.2%), and both mayors would be eager to welcome the thousands of new manufacturing jobs that Foxconn would bring.

Smartphone consumers on the other hand would likely not welcome a U.S. based Foxconn manufacturing plant.  It would be impossible to replicate Chinese working conditions stateside, and  analysts have estimated that an iPhone produced by an American labor force would increase cost by $100-$150 over current levels.

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