Foxconn, the manufacturer that assembles smartphones for Apple and electronic devices for other firms, expects to announce plans soon for $7 billion in investments to build plants in the U.S. But North Carolina isn’t on an early list of possible sites.

The chairman of Taiwan’s Foxconn said Thursday it expects to release investment plans by early August for at least three U.S. states.

Terry Gou gave no indication where Foxconn might locate a planned display panel factory. Gou announced plans for the factory in January, setting off a scramble by leaders of several states to attract the investment, which he said might generate as many as 50,000 jobs.

“This time we go to America, it’s not just to build a factory, but to move our entire supply chain there,” Reuters quoted Gou as telling shareholders.

Gou showed shareholders a picture of the so-called “rust belt” including of Wisconsin, Illinois, Indiana, Ohio, West Virginia, Michigan, Kentucky and Pennsylvania, according to Reuters.

Gou also mentioned Ohio, Pennsylvania, Michigan, Illinois, Wisconsin, Indiana and Texas as states with which Foxconn hopes to work but gave no indication whether any of them might be in the investment agreement, The Associated Press reported.

“In the U.S., the state governors’ sincerity and confidence to attract investment … is beyond my imagination,” he said.

The company plans to develop U.S. operations combining hardware manufacturing and software development in technologies including artificial intelligence and automation, Gou said at a meeting with Foxconn shareholders.

Foxconn has been in touch with the White House and expects to conclude negotiations by the end of July or early August, Gou said. He said the first investment agreement should cover at least three states, with at least three more added later.

Foxconn is little-known to consumers on its own but is the world biggest contract manufacturer of smartphones and other devices for Apple, Sony, Blackberry and other brands. It raised its profile with its purchase in March 2016 of struggling Japanese electronics brand Sharp for $3.5 billion.

The company plans to develop U.S. operations combining hardware manufacturing and software development in technologies including artificial intelligence and automation, Gou said at a meeting with Foxconn shareholders.

Gou said in January that Pennsylvania was the leading candidate for the panel factory, which would work with Sharp

Foxconn company assembles smartphones and other devices for Apple, Sony, Blackberry and other brands. The bulk of its operations are in China, where it employs about 1 million people.

Also Thursday, Gou said there is “still a chance” Foxconn might be able to buy Toshiba’s memory chip business despite the Japanese company’s choice of another bidder as its preferred buyer.

The Toshiba Corp. board’s choice of a U.S.-Japanese consortium is “not a done deal,” said Terry Gou of Foxconn Technology Group.

Toshiba said Wednesday it picked a bid totaling about 2 trillion yen ($18 billion) by a U.S.-Japan consortium for its chip business. Toshiba is selling the lucrative operation due to losses at its U.S. nuclear power unit, Westinghouse Electric Co.