[ad_1]
WASHINGTON (AFP) – President Donald Trump on Friday congratulated the "good news" that Taiwanese electronics giant Foxconn has announced that it is planning to build a major Wisconsin plant. .
The company announced that following a conversation between Terry Gou, chief of Fox and Trump, she was "continuing to build our Gen 6 manufacturing facility".
It was a turnaround from the news earlier this week that the company was curtailing plans to open a plant and create jobs in the manufacturing sector.
"Great news for Foxconn in Wisconsin after my conversation with Terry Gou!" Trump tweeted.
The information that the plans were being cut was a blow to the administration as Trump had publicly claimed credit for the investment, which was backed by $ 4 billion ($ 5.4 billion) from the US. controversial local tax breaks.
Foxconn, which manufactures devices and components for a large number of large technology companies, including Apple, planned to build a factory producing flat-panel LCD TVs and create about 13,000 jobs.
Trump has touted this plan and has appeared alongside Gou at a pioneering ceremony last summer, brandishing golden shovels.
The company had previously said that the changing global economic environment – caused by the trade war between Trump and China, where Foxconn owned most of its badembly lines – had prompted it to revise its initial plans .
But the company announced that it was preparing after "productive talks between the White House and the company, and after a personal conversation between President Donald J. Trump and President Terry Gou," according to the statement released on Friday. the media. reports.
"This campus will be both a state-of-the-art manufacturing facility and a hub of high-tech innovation for the region."
Foxconn said the decision was also based on a "comprehensive and systematic badessment to help determine the best solution for our project in Wisconsin".
He did not provide details on the job or products, although he stated his intention "to expand our investment across Wisconsin well beyond our original plans. ".
Speaking in front of thousands of Foxconn employees at the Chinese New Year Carnival in Taipei Saturday, Gou said that investing in the United States "is undoubtedly a good decision and matches the trends future economic opportunities ".
Gou, who described the ongoing trade war between the United States and China as a "major concern," said that he had spoken to Trump by telephone on Friday night.
"US President Trump (…) shared with me the progress of the US-China trade talks and said everything was going well, and that an agreement would be reached soon," Gou said.
According to press reports earlier this week, Louis Woo, Gou's badistant, suggested the company give up its flat panel factory in favor of hiring highly qualified engineers for research and development. to go against Trump's promises.
Foxconn, officially known as Hon Hai Precision Industry, is the world's largest contract electronics manufacturer. He badembles most of his products in China, which makes him extremely vulnerable to Trump's tariffs.
[ad_2]
Source link
