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Foxconn boss Terry Gou has reiterated his commitment to building a multi-million-dollar factory in Mount Pleasant, in the US state of Wisconsin.
The chairman of Foxconn, which is better known as Hon Hai Precision in its native Taiwan, met with US President Donald Trump at the White House earlier this week.
After the meeting, media reports suggested that Foxconn will make additional investments in the Wisconsin facility.
Read moreCNBCFoxconn boss Terry Gou has confirmed that he is considering running for president in Taiwan’s general election next year, according to the South China Morning Post.
“I will decide in the next two days whether to run for president,” Gou told reporters at a seminar in Taipei earlier today. “I hardly slept last night thinking of the future of Taiwan and its security issues.”
He added that the 2020 presidential election will be “extremely critical in determining Taiwan’s future in the next 20 years in the political, defense and economic sectors”. [Read more…] about Foxconn boss Terry Gou considers automating the entire population of Taiwan
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. [Read more…] about Foxconn to build $10 billion manufacturing plant in Wisconsin as part of massive expansion plan in US
Foxconn, the main manufacturer for Apple’s smartphones and tablet computers, is looking for locations in the US to invest $10 billion into setting up factories, according to a variety of reports in the media.
The company has already earmarked $7 billion for a display panel factory after buying the Sharp electronics company, although it’s not certain where it will be located.
The Taiwanese company’s newly found interest in the US comes after President Donald Trump made it clear that he prioritises the reinvigoration of the country’s manufacturing base. [Read more…] about Foxconn evaluating US locations for $10 billion expansion plans
