Apple-supplier Foxconn eyes US on Donald Trump win

Two of Asia’s biggest technology companies, including Apple-supplier Foxconn, are looking to expand investment in the US, as president-elect Donald Trump pushes to bring manufacturing and jobs back to America.

Foxconn said it was in preliminary discussions to expand its US operations, while billionaire businessman Masayoshi Son, also the head of Japan’s SoftBank Group, pledged a $50bn (€46.5bn) investment in the US.

Mr Son said, after meeting Mr Trump this week, said his investment would create 50,000 new jobs, a move the US president-elect claimed was a direct result of his election win.