Apple supplier Foxconn unveils plan to build a $10 billion LCD factory in Wisconsin
Apple supplier Foxconn, the world’s largest contract electronics manufacturer, revealed plans today to build a new facility for producing LCD panels in Wisconsin. The news was announced at an event this evening with Foxconn chief Terry Gou and US President Donald Trump, who has aggressively pressured both domestic and foreign corporations to invest in the US. (He has also often taken credit for such investments even when they predated his administration.) Trump was joined at the event by Wisconsin Governor Scott Walker.
Foxconn plans to spend $10 billion over the course of the next three years on the 20,000-square-foot plant, which will employ at least 3,000 employees to start. The Trump administration says Foxconn’s investment could...