Foxconn is expanding its presence in the U.S. with a $10 billion investment in Wisconsin, which is initially projected to create about 3,000 jobs in the region.
The Taiwan-based firm’s new Wisconsin manufacturing facility will make LCDs, which will “be used in everything from self-driving cars to aircraft systems and in the fields of education, entertainment, healthcare, safety and surveillance, advanced manufacturing systems and office automation, among others,” Wisconsin Gov. Scott Walker said in a statement.
The 20-million-square-foot facility will be located in the district of House Speaker Paul Ryan, who was on hand to announce the deal at the White House today, alongside Walker, Vice President Mike Pence, President Donald Trump and Foxconn Chairman Terry Gou.
“Why do it here? TV was invented in America, yet America does not have a single LCD factory to produce a complete 8K system,” Gou said during a presentation at the White House. “We
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