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Foxconn says in preliminary discussions to expand U.S. operations
Yahoo! Sports ^ | December 7, 2016 | Reuters

Posted on 12/07/2016 11:59:53 AM PST by 2ndDivisionVet

TAIPEI (Reuters) - Foxconn, the world's largest contract electronics manufacturer and a major Apple Inc supplier, said on Wednesday that it was in preliminary discussions to expand its operations in the United States.

"While the scope of the potential investment has not been determined, we will announce the details of any plans following the completion of direct discussions between our leadership and the relevant U.S. officials," it said in a statement.

On Tuesday, Masayoshi Son of Japan's SoftBank Group Corp <9984.T> said he would invest $50 billion in the United States and create 50,000 new jobs, a move U.S. President-elect Donald Trump claimed was a direct result of his election win.

Foxconn's brief statement followed a report by broadcaster CNBC on Wednesday showing a snapshot of a page held by Son outlining the investment carrying the logos of SoftBank and Foxconn, formally known as Hon Hai Precision Industry Co Ltd <2317.TW>....

(Excerpt) Read more at sports.yahoo.com ...


TOPICS: Business/Economy; Politics
KEYWORDS: apple; economy; foxconn; jobs; taiwan; telecom; trump; winning
Once worked for a Foxconn contractor here in Texas. Best paying salaried job I ever had.
1 posted on 12/07/2016 11:59:53 AM PST by 2ndDivisionVet
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To: 2ndDivisionVet

>>>Once worked for a Foxconn contractor here in Texas. Best paying salaried job I ever had.<<<

Germany has an export based economy like China. And it has high paying jobs.

I can’t figure out why our country doesn’t want to emulate the success the German’s have in this area. You can’t just say I want high paying jobs, you must implement the policies that would make it happen.


2 posted on 12/07/2016 12:04:02 PM PST by BJ1
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To: BJ1

Only worked Friday through Sunday and made much more than any conventional job I ever had. Cell phone refurbishment factory.


3 posted on 12/07/2016 12:06:08 PM PST by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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