Taiwan’s Foxconn to build factory in UShome/News/Taiwan’s Foxconn to build factory in USWASHINGTON, D.C.: President Donald Trump on Friday (Saturday in Manila) cheered the “great news” that Taiwanese electronics giant Foxconn said it was going ahead with plans for a major factory in Wisconsin. “Great news on Foxconn in Wisconsin after my conversation with Terry Gou!” Trump tweeted. Foxconn, which makes devices and components for a host of major tech firms including Apple, had planned to build a factory producing LCD flat screen televisions and create around 13,000 jobs. Trump bragged about the plan and appeared alongside Gou at a groundbreaking ceremony last summer wielding golden shovels. The company previously said the changing global economic climate — roiled by Trump’s trade war with China where Foxconn has most of its assembly lines — prompted it to revise its original plans.

Source: Manila Times February 02, 2019 16:30 UTC