Posted on 02/07/2019 9:27:38 PM PST by cba123
Nikon Corp said Foxconn Technology Group had requested to delay the instalment of equipment at the Taiwanese firm's new liquid crystal display (LCD) plant in the southern Chinese city of Guangzhou.
Comments from the Japanese equipment maker come after Foxconn, formally Hon Hai Precision Industry Co, last week said its plant at Guangzhou was on schedule and denied a media report of production delay.
(Please see link for full article)
(Excerpt) Read more at moneycontrol.com ...
"Last week, Foxconn said it would build a panel factory in Wisconsin, following a report from Reuters that the Taiwanese company was reconsidering the $10 billion project."
Foxconn needs to tread delicately in this situation.
Statement was premature: they are going head as planned.
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