Foxconn Backflips On Backflip
Foxconn Technology has backed down from its decision not to build a factory in Wisconsin, following talks with US President Donald Trump.
The Taiwanese company had been considering dumping earlier plans to make liquid crystal display panels at the planned US$10 billion Wisconsin campus.
But Foxconn changed back to Plan A after conversations between Trump and Foxconn chairman Terry Gou. The company now says it will move forward with construction of a Gen 6 fab facility – a type of plant that produces displays.
The 20-million-square-foot campus would involve the largest investment for a brand new location by a foreign-based company in US history.