Foxconn Confirms Investment After Trump Call

  • 2019-02-01
  • Source: TTN
  • by: TTN Staff
Foxconn Confirms Investment After Trump Call
Gage Skidmore [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons
 
A company affiliated with Apple has recommitted to building a plant in Wisconsin after getting a call from President Trump.

According to Fox Business:

Apple supplier Foxconn confirmed on Friday that it will build a $10 billion Wisconsin plant, after concerns bubbled up this week that it was backing away from its initial commitment.

Following a call from President TrumpOpens a New Window., the Taiwanese company doubled down on its Wisconsin plans and said screens for small electronic devices will be built at the new factory.

In a statement, the company said the site will serve as “an advanced manufacturing facility” and “a hub of high technology innovation.”

Foxconn said its chairman, Terry Gou, and President Trump personally spoke, in addition to other discussions between the company and the White House.

Foxconn has repeatedly not come through on its promises to invest in the U.S. but it seems as though President Trump is putting an end to that chapter.

 Source: TTN

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