Foxconn promises to build Wisconsin plant following a talk with Trump

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Foxconn promises to build Wisconsin plant following a talk with Trump

On Friday, the 1st of February, 2018, the Foxconn technology told that they would be building a factory in the Wisconsin. The News came after minutes, the Company’s chairman had spoken with the US president Donald Trump.

However, a press agency report had revealed earlier this week, that, the Taiwanese company had been considering a plan to build a factory in Wisconsin. According to the report, the Foxconn had been planning to manufacture liquid crystal display panels around a pre-planned $10 billion Wisconsin campus and their project would involve hiring US engineers and researchers as well.

However, following the conversation between Foxconn chairman Terry Gou and the US president Donald Trump, the company made a statement, saying that they would move forward with their pre-planned construction of a Gen 6 fab facility, a manufacturing plant that produces displays.

Followed by the announcement of Foxconn, the US president tweeted on Friday, “Great news on Foxconn in Wisconsin after my conversation with Terry Gou! The initial plan regarding the 20-milion-square-foot campus on Wisconsin, the largest ever by any foreign investors on US soil, would include manufacturing advanced large screen displays for the televisions and other professional, alongside consumer products. Later, the company has plans to manufacture much-smaller generation-six LCD screens, a company spokesman said.