Report: Foxconn spending $210 million on Apple production line

China Daily is claiming that Foxconn will pump $210 million into building a production line in China's Jiangsu province. Local authorities have stated that the plant in Huai'an city will produce components for Apple, no doubt heralding a raft of rampant speculation as to Cupertino's intentions. The building will occupy 40,000 square meters, produce $1.1 billion worth of gear per year and require 35,800 employees -- more than Nokia and Sony have fired in recent months, combined.