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Days before the State of Wisconsin denied Foxconn's request for state tax credits - in the form of direct payments from the state to Foxconn's bank account - related to the "factory" built by the world's largest contract tech manufacturer in Mount Pleasant, Wisconsin. The project was announced shortly after President Trump's upset election victory, but quickly ran aground as reporters complained that the facility being built by Foxconn bore little resemblance to the enormous Gen 10.5 LCD factory the company had promised. In fact, the factory isn't even big enough to serve as a smaller Gen 6 LCD...

China will no longer be the world's manufacturing epicenter going forward, according to Apple's largest supply chain partner Foxconn, which has been gradually expanding its operations in other countries amid the U.S.-China trade war. "No matter if it's India, Southeast Asia or the Americas, there will be a manufacturing ecosystem in each," said Foxconn chairman Young Liu, according to Bloomberg. Liu boldly proclaimed that while China will continue to be a key location for Foxconn's factories, the country's "days as the world's factory are done." The report claims that Foxconn's manufacturing capacity outside China is now 30 percent of its...

"To safeguard everyone's health and safety and comply with government virus prevention measures, we urge you not to return to Shenzhen," Foxconn wrote in a text message sent to employees. "We'll update you on the situation in the city. The company will protect everyone's work-related rights and interests in the duration. As for the happy reunion date in Shenzhen, please wait for further notice."

Fiat Chrysler is in talks with the Chinese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Friday. Fiat Chrysler is in the process of merging with France’s PSA Peugeot, which is 12% owned by Chinese company Dongfeng Motor Co. Both Fiat Chrysler and Peugeot have lagged in developing electric powertrains and also have been struggling to increase sales in China, the world’s biggest auto market. It was unclear what impact Fiat Chrysler’s proposed joint venture with Foxconn, formally known as Hon Hai Precision Ind. Co., Ltd., would have on the wider merger, which is expected to...

Terry Gou, of Taiwan’s Foxconn, which makes Apple gear in Chinese factories, recently said he would urge Apple to produce outside of China. Other lesser-known companies such as Giant Manufacturing, the world’s largest bicycle maker, have already shifted production for U.S. customers. Giant has moved the manufacture of many U.S.-bound models to its home base in Taiwan, and is opening a new factory in Hungary. “The world is no longer flat,” Giant’s chairwoman, Bonnie Tu, told Bloomberg. These are far from isolated cases: A survey released in May by two branches of the American Chamber of Commerce in China revealed...

The workers who assemble Apple iPhones make a starting wage of $3.15 per hour in the People's Republic of China, according to The New York Times. "Apple has said the starting pay for workers at the world's biggest iPhone factory, in Zhengzhou, China, is about $3.15 an hour," The Times reported in a story published two weeks ago. That $3.15 per hour is less than half the U.S. minimum wage of $7.25 per hour. That means a teenager working part-time serving Big Macs at a McDonald's in the American Midwest earns a far bigger hourly wage than a Chinese adult...

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)

OSAKA -- Hon Hai Precision Industry and its Japanese subsidiary Sharp have begun studying the possibility of building a liquid crystal display panel plant in the U.S., a Sharp executive said Friday. The plan is "on the table," the executive said. "We will make a decision carefully." The Taiwanese electronics contract manufacturer, also known as Foxconn, and its Japanese alliance partner SoftBank Group reportedly told Donald Trump they would jointly make significant investments creating new jobs in the U.S. when SoftBank Chairman Masayoshi Son met the President-elect in New York last month. The joint investment plan was proposed by Son,...

Apple Inc will begin assembling its top-end iPhones in India through the local unit of Foxconn as early as 2019, the first time the Taiwanese contract manufacturer will have made the product in the country, according to a source familiar with the matter. Importantly, Foxconn will be assembling the most expensive models, such as devices in the flagship iPhone X family, the source said, potentially taking Apple's business in India to a new level Foxconn, which already makes phones for Xiaomi Corp in India, will invest 25 billion Indian rupees ($356 million) to expand the plant, including investment in iPhone...

STURTEVANT - Racine County officials on Wednesday confirmed the location of the massive Foxconn factory that someday could employ thousands. The sprawling industrial complex, covering 20 million square feet and by far the largest industrial complex in the state, will be located off I-94 between Highway 11 and Highway KR, officials said at a news conference. The exact location will be in the far southwest corner of the Village of Mount Pleasant on 1,198 acres in a section bounded by I-94 on the west, Highway KR on the south, Highway H on the east and Braun Road on the north.

MADISON, Wis. — Foxconn Technology Group has shifted its stated strategy yet again on Friday for a massive Wisconsin campus, crediting a conversation with President Donald Trump for cementing plans to proceed with building a factory to make high-tech liquid display screens. The news capped a week of confusion about Foxconn’s plans in Wisconsin. The company announced in 2017, to much fanfare, that it planned to invest $10 billion in the state and hire 13,000 people to build an LCD factory that could make screens for televisions and a variety of other devices. The company last year said it was...

The 20-million square foot campus was praised by President Donald Trump as proof of his ability to revive American manufacturing. -- t campus marked the largest greenfield investment by a foreign-based company in U.S. history and was praised by President Donald Trump as proof of his ability to revive American manufacturing. Foxconn, which received controversial state and local incentives for the project, initially planned to manufacture advanced large screen displays for TVs and other consumer and professional products at the facility, which is under construction. It later said it would build smaller LCD screens instead. Now, those plans may be...

Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus, and said it intends to hire mostly engineers and researchers rather than the manufacturing workforce the project originally promised. Announced at a White House ceremony in 2017, the 20-million square foot campus marked the largest greenfield investment by a foreign-based company in U.S. history and was praised by President Donald Trump as proof of his ability to revive American manufacturing. Foxconn, which received controversial state and local incentives for the project, initially planned to manufacture advanced large screen displays for TVs...

The Taiwanese supplier to Apple must meet hiring, wage and investment targets by various dates to receive tax and other ‘performance-based’ benefits Foxconn Technology is considering bringing in personnel from China to help staff a large facility under construction in southern Wisconsin as it struggles to find engineers and other workers in one of the tightest labor markets in the U.S. The company, the Taiwanese supplier to Apple Inc., has been trying to tap Chinese engineers through internal transfers to supplement staffing for the Wisconsin plant, according to people familiar with the matter.

Foxconn’s planned $10 billion electronic display factory in southeastern Wisconsin could be a boon for local workers vying for the potential 13,000 jobs. The facility could also be a headache for other area manufacturers, possibly sparking a heated competition for engineers, electricians, machinists, and other skilled laborers. The talent war could also spell opportunity for organizations that help employers find and hire such professionals. Patrick O’Rahilly, founder and CEO of FactoryFix, believes his company could be well positioned to capitalize on the Foxconn effect, if and when it materializes. FactoryFix is a Chicago-based startup that has developed software to connect...

Foxconn Technology Group plans to hold five hiring events around the state over the next month as it ramps up hiring for its Wisconsin operations. The company says its hiring for “several hundred” positions in areas including human resources, hardware, software and firmware engineering, finance and accounting, legal, business analysis, graphics and interior design, construction management, sales, and marketing. Candidates interested in attending the hiring fairs and applying for Foxconn positions can pre-register and submit their resumes to https://fewidev.com/events/#/. Only candidates who are shortlisted and assigned interview times will be invited to attend the events. The events are scheduled for...

MILWAUKEE — Foxconn Technology Group is casting a wide net to find the 13,000 workers it eventually expects to hire at its new North American manufacturing plant, partnering with universities and technical schools and even tapping into transitioning members of the military. Foxconn’s next generation of liquid crystal display technology that will be produced in southeastern Wisconsin, the first LCD panel glass fabrication plant in the United States, will be used in a wide range of devices and systems, including televisions, monitors, electronic notebooks and self-driving cars. The Taiwanese company plans to invest $10 billion to construct a 20-million-square-foot campus,...

Just last week, eight candidates for governor participated in the first broadcast Democratic primary debate, an event that showcased plenty of agreement, like on criticism of Gov. Scott Walker and the Foxconn deal and support for an early release program to reduce the state’s prison population. A forum held Sunday on Madison's east side featuring just four of the Democratic candidates covered more common ground on issues of school funding and the rights of undocumented immigrants. When asked to delve into the details of their ideas over the two hour event, the candidates attempted to differentiate their policies from the...

When Foxconn breaks ground on Thursday on a $10bn LCD manufacturing complex in Wisconsin, President Donald Trump will be there to claim credit for securing the Taiwanese group’s promise to deliver 13,000 jobs. But while Mr Trump helps Foxconn celebrate in Racine county, Wisconsin — a key swing district that helped him win the presidency in 2016 — just up the road at Harley-Davidson, executives will be figuring out who will lose their jobs, after the company said it must offshore production to battle retaliatory EU trade tariffs. That landed Harley in the presidential doghouse. In a series of early...

MILWAUKEE (AP) -- President Donald Trump plans to attend the Foxconn Technology Group groundbreaking ceremony later this month and attend a luncheon fundraiser. The Milwaukee Business Journal reports that prominent Milwaukee business executive Ted Kellner is hosting the June 29 fundraiser. It comes before Trump is to attend the Foxconn event in Mount Pleasant with Gov. Scott Walker and a host of other state and local leaders. Foxconn is building a massive factory and campus to build liquid display crystal screens. The investment could reach $10 billion and the Taiwanese company says 13,000 may work there....