Foxconn says the expansion is the first in a series of investments in the United States
Foxconn says it will invest $10 billion over the next four years to build a liquid crystal display panel manufacturing facility in Wisconsin.
Foxconn, a Taiwanese company also known as Hon Hai Precision, says the new facility will be a “state-of-the-art” plant and part of its “intelligent manufacturing ecosystem”.
Foxconn is one of the world’s largest electronics manufacturing services providers, and makes iPhones and other devices for Apple.
The investment, which is believed to be the largest new greenfield investment made by a foreign-based company in US history, will create 3,000 jobs with the potential to grow to 13,000 new jobs in that state. Continue reading Foxconn to build $10 billion manufacturing plant in Wisconsin as part of massive expansion plan in US