TAIPEI—Hon Hai Precision Industry Co., which assembles gadgets for Apple Inc. and other global technology firms, is evaluating a plan to build an advanced display manufacturing plant in the U.S., its chairman said.

Terry Gou, speaking to reporters at the company's 40th anniversary gathering on Sunday, said Hon Hai, also known by the trade name Foxconn, plans to relocate capital-intensive and high-tech manufacturing to the U.S., its largest market.

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