Foxconn is building a new plant in Central China that will employ close to 200,000 workers, and have the capability to produce 200,000 phones a day. The factory is expected to largely produce iPhones for Apple.
Foxconn's subsidiary (yes, the subsidiary of the subsidiary) Futaihua Precision Electronics will build a new $100M USD plant in central China's Henan. That plant will employ almost 200,000 workers, will produce 200,000 phones daily, and will yearly produce $13B USD worth of exports. Previously the plant had been rumored based on job postings, but unconfirmed.
The plant should also improve working conditions for the Foxconn employees in a variety of ways. First, it will allow some migrant workers to relocate closer to home. Second, its production should help to ease the pressure to work overtime currently put on employees in order to satisfy demand.