Foxconn said in a statement: "After a fruitful discussion between the White House and our company, and after President Trump and Chairman Guo Taiming personally talked, Foxconn decided to plan to promote the sixth generation (Gen 6) plant construction project, it will It is at the heart of the Wisconsin Valley Technology Park, which will serve as an advanced manufacturing facility and a high-tech innovation center in the region."
President Trump also released the news of the meeting on Twitter, saying: "After my conversation with Guo Taiming, there is a good news about Foxconn's continued construction in Wisconsin!"
On Wednesday, Guo Taiming’s special assistant, Louis Woo, said in an interview with Reuters that Foxconn is considering reducing or canceling plans to produce LCD TV screens in Wisconsin. He also said: "As far as TV is concerned, we have no place in the United States because the manufacturing costs in the United States are too high. You cannot use a factory to measure our investment in Wisconsin."
Even before Reuters interviewed, people who criticized Foxconn were skeptical about the feasibility of building the Wisconsin factory because the company had promised to build factories in Pennsylvania and Brazil earlier, but they have not fulfilled their promises.
Foxconn promised to establish an LCD screen factory in Wisconsin for the first time in the summer of 2017. As a result, Wisconsin lawmakers gave Foxconn a reward program of $4 billion, the largest incentive program for US companies in the US. Foxconn said the plant will create up to 13,000 jobs for the United States.
According to the US technology media The Verge, Foxconn initially said it would build a "10.5th generation" plant in Wisconsin. Subsequently, the company announced from last year that it will build a sixth-generation factory to produce smaller LCD screens than Foxconn originally promised. In today's statement, Foxconn said that it will still build the kind of facilities promised last year, but it is not the kind promised at the beginning of the project.
Since the agreement with Wisconsin in 2017, Foxconn's recruitment efforts have been slow. Reuters reported that the company hired 178 full-time employees last year, which is 82 fewer than the number of recruits required by Foxconn to receive a $9.5 million tax credit.
In today's e-mail, Foxconn also mentioned the other seven types of facilities it is building. They are an important part of the Wisconsin Valley Technology Park, including high-precision mold shops, R&D centers, and start-up rapid prototyping centers. Foxconn is also committed to investing in a new research facility at the University of Wisconsin-Madison and supporting venture funds focused on Wisconsin start-ups. With so many things to do, Foxconn's plan is likely to continue to change. (small)