New York (CNN Business) Foxconn says it is returning to its plan to make flat screen panels at a new plant in Wisconsin following an appeal from President Donald Trump. The company has been promised $4 billion in state and local incentives to develop the Wisconsin facility. In a statement Friday, Foxconn said that after a call between Trump and its chairman, Terry Gao, the company has decided to stick with its manufacturing plans after all. "Our decision is also based on a recent comprehensive and systematic evaluation to help determine the best fit for our Wisconsin project," the company said. A Foxconn spokesperson said she was not aware of any additional incentives or inducements that were offered to the company in the conversation with Trump.

Source: CNN February 01, 2019 18:48 UTC