Technology Company Foxconn Is Rethinking Its $10 Billion Wisconsin Factory Amid Trump's China Trade War

Technology Company Foxconn Is Rethinking Its $10 Billion Wisconsin Factory Amid Trump's China Trade War

5 years ago
Anonymous $Dftgs0JzgE

http://time.com/5516378/foxconn-rethinking-wisconsin-factory-china-trade-war/

(Bloomberg) — Foxconn Technology Group is re-thinking its approach to a cutting edge display factory in Wisconsin that was part of a promise to create 13,000 jobs in the U.S.

There are no plans to scrap the facility but the company is considering what liquid-crystal display technology is best suited for the $10 billion plant, Louis Woo, special assistant to Chairman Terry Gou, said on Wednesday. Reuters reported earlier that the company could scale back LCD production plans or even abandon them.