BEIJING—Foxconn Technology Group, a major supplier to Apple Inc., is backing down on plans to build a liquid-crystal display Factory in Wisconsin, a major change to a deal that the state promised billions to secure.
Louis Woo, special assistant to Foxconn Chairman Terry Gou, said high costs in the U.S. would make it difficult for Foxconn to compete with rivals if it manufactured LCDs in Wisconsin. In the future, around three-quarters of Foxconn’s Wisconsin jobs would be in research, development and design, he said.
02-02-2019, 09:53 PM
Foxconn Backpedals on Wisconsin Factory Plan, Shifts Focus to Research
العرض العادي
