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Foxconn is reportedly set to unveil plans to build a multibillion dollar facility in Michigan
Foxconn Technology attempts to manage expectations about its U.S. investment
The second biggest supplier in Flash Memory might be in the hands of another company.
Apple supplier Foxconn Technology's shares were higher on Friday following news that it will invest $8.8 billion to build a factory in China.
Foxconn has taken another big step to move beyond its role as an Apple component supplier.
Apple supplier Foxconn said it's in preliminary talks to create a $7 billion investment program in the United States that would create 50,000 jobs.