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Foxconn plans to open a factory in the US

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Yordan 27 July 2017

Foxconn Other

Taiwan-based manufacturer Foxconn, most popular for manufacturing the Apple iPhone plans to build a 20-million sq.ft facility in Wisconsin for LCD panel development. The investment will cost around $10 billion and will open around 3,000 jobs.

Soon in the United States

LCD panels are currently integrated into all iPhones and iPads, but Apple stated on multiple occasions that it would like to switch to OLED. It even purchased machinery for in-house OLED development for the 2018 iPhone.

The location of the factory was announced by the US president Donald Trump, while Foxconn CEO Terry Gou did not confirm just yet. He only stated he is glad that Foxconn would receive $3 billion in tax breaks and subsidies.

If such factory is confirmed, it might take Foxconn up to 4 years to complete it. The whole process would employ more than 10,000 people and create 3,000 permanent jobs. Foxconn has a bad history of promises since in 2013 it said it would invest $30 million and hire 500 workers, but that never happened.

Via

Related articles
  • Apple is switching to in-house OLED screens in 2018 Apple is switching to in-house OLED screens in 2018
  • Former Foxconn manager allegedly stole $1.5m worth of iPhones Former Foxconn manager allegedly stole $1.5m worth of iPhones
  • Foxconn acquires Sharp in deal worth $6.2 billion Foxconn acquires Sharp in deal worth $6.2 billion
  • Foxconn replaced a total of 60,000 workers with automated machines Foxconn replaced a total of 60,000 workers with automated machines

Reader comments

?
  • Anonymous
  • tDR
  • 12 Oct 2018

Make 'murica GREAT again!

  • Reply
D
  • AnonD-653707
  • bJb
  • 01 Aug 2017

This Foxconn plant in Wisconsin is for making TV panels. Sharp is gonna introduce a high-end TV brand in the USA.

  • Reply
F
  • Fred
  • jsS
  • 28 Jul 2017

Is this true? I am from the USA and love GSM Arena. GSM is the only good way to own a phone. The outdated contract model in the USA really stinks! I LOVE ATT( and any GSM carrier), and wish more GSM phones were marketed here.

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  • Post your comment
Total reader comments: 25

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