BEIJING—Electronics manufacturer Foxconn Technology Group is considering investing $7 billion to build a flat-panel screen factory in the U.S., but the company founder says incentives will be needed to make the deal happen.
Speaking at a Foxconn company event in Taiwan on Sunday, founder and chairman Terry Gou said the factory could create 30,000 to 50,000 jobs in the U.S., and discussions were already under way with state and local officials in Pennsylvania and other states.
The factory would involve Sharp Corp. , the Japanese electronics maker and flat-panel supplier that Foxconn acquired last year.
Foxconn, Co., is the world’s largest electronics contract manufacturer and a major supplier to Apple Inc.
Read more here.
How Trump plans to help union workers
Latest posts by Dick Young (see all)
- Are You Ready to Put Your Family in a Self-driving Google Car? - April 25, 2017
- Singapore Poised to Change How Large Cities Operate - April 24, 2017
- The Winner of France’s Election Will Be Handed Fiscal Dynamite - April 21, 2017