Posted on 01/22/2017 10:14:43 AM PST by 2ndDivisionVet
Taipei (AFP) - The head of Taiwan's tech giant Foxconn confirmed Sunday he is considering a $7 billion investment to make TV flat panels in the United States in a joint project with Japan's SoftBank.
US President Donald Trump had announced before taking office a $50 billion deal with SoftBank which he said would generate 50,000 jobs.
Trump was speaking last month alongside SoftBank's chief executive Masayoshi Son, who displayed a document which indicated Softbank and Foxconn would "commit to invest $50bn + $7bn in US, generate 50k + 50k new jobs in US in next four years".
Foxconn, a major supplier to Apple, had earlier said it was in "preliminary discussions" with US officials about a potential investment but gave no details....
(Excerpt) Read more at yahoo.com ...
Hope it happens. NEXT - after all the talk for decades, may this president be in office on the day not one more barrel of oil comes to us from the Middle East.
MAGA!
I love it! A SEVEN BILLION Dollar investment!!! I didn’t know Taiwan even had that much money. Taiwan could have easily done this sooner, had Obama given their leader a little more respect. Most American Presidents were too afraid to upset China by making big deals with Taiwan.
On Jan. 16, 17; Tsai Ing-wen became the first woman president of Taiwan. She is historic, and she is closely allied with the Trump Administration. During her recent visit to the U.S., I would not be surprised if The Donald had someone informally meet with her and discuss policy. Someone like Ted Cruz, who can be very articulate, and wishes to redeem his reputation after a bruising campaign.
Cruz did meet with her.
Taiwan’s per capita GDP is higher than Canada, UK, and most other European countries. However, we aren’t allowed to recognize them as a country.
Cruz is a good man to have on your side. I’m glad he and Trump were able to hammer out some sort of working relationship. Cruz had sort of painted himself into a corner, anyway, with almost everybody mad at him, and too few in agreement.
I do love the people here who assume that he won’t win re-election in 2018. LOL
The door is open to our friends.
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