Monday , January 18 2021

Foxconn building debates in the United States: job creation is key – BBC News



US President Donald Trump (C) is taking part in innovation with Governor of Wisconsin Scott Walker (L) and Foxconn Chairman of Terry Gou during a visit to FoxconnImage copyright
Reuters

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Trump is committed to promoting Foxconn's investment in Wisconsin

After Foxconn announced a statement announcing the reconstruction of the Wisconsin construction plan, US President Trump left.

Foxconn said he was considering building a hi-tech research and development center, and the company's earlier design was to build a liquid crystal panel (LCD).

The news was seen as a Trump attack, as Trump has always regenerated manufacturing & the US as one of the top priorities.

However, Foxconn said on Friday that he will continue to develop his construction plan.

Foxconn said the decision was made after a "private discussion between the White House and the company" and "a private conversation" between President Trump and Foxconn, President Guo Taiming.

Trump has repeatedly publicized Foxconn's investment in Wisconsin, which is a major important state, to prove that its economic policies are working.

He praised the Foxconn statement on Twitter as "good news."

In the last summer, Foxconn was reported to modify its investment project in Wisconsin. The original 10.5 LCD panel production line was reduced to a 6 generation generation line, and the size of the liquid crystal panel was reduced. This adjustment was considered to downgrade the factory's grade.

Foxconn had not expanded on the factory's design and type of post in the statement on Friday.

"This park can be one of the advanced manufacturing plants or high-tech innovation center in the region," said the statement.

Image copyright
AFP

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Foxconn said the decision was made after a "private discussion between the White House and the company" and "a private conversation" between President Trump and Foxconn, President Guo Taiming.

Foxconn announced a statement earlier this week that it remains committed to the Wisconsin investment program, which is known to create 13,000 jobs.

According to the statement, Foxconn adapts its focus to adapt to the "new situation" of a global market environment, and it broadly shows the plan, including an end-of-the-art LCD panel module factory, a module molding factory High Detection, Integration System Integration Plant and Other Items.

Debates

Changing Foxconn in investment plans has caused arguments as the construction plan contains billions of approved incentives.

The analysis of Wisconsin parliamentaries even found under optimistic predictions, the state would even take more than 25 years to break even on this agreement.

One of which Foxconn can enjoy motivation policy depends on the investment and recruitment of the company, and that the number of Foxconn recruits last year had not reached the standard.

Local officials on Friday said they were expecting Foxconn to start building in the next 18 months.


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