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Why Foxconn tore up a Wisconsin town to build a factory—then retreated

The iPhone maker got fat incentives to build a $10 billion LCD plant that largely hasn’t materialized on land where Mount Pleasant, Wis., razed homes and crops. “We’re talking about things that are just imaginary.”.....»»

Category: topSource: moneycentralApr 30th, 2019

Why Foxconn tore up a Wisconsin town to build a factory—then retreated

The iPhone maker got fat incentives to build a $10 billion LCD plant that largely hasn’t materialized on land where Mount Pleasant, Wis., razed homes and crops. “We’re talking about things that are just imaginary.”.....»»

Category: topSource: moneycentralApr 30th, 2019

Foxconn scales back plans for its first display panel factory in Wisconsin

The Foxconn plant President Trump helps launch Thursday in Mount Pleasant likely will be smaller, at least initially, than o.....»»

Category: topSource: usatodayJun 28th, 2018

Apple supplier LG Display slashes investment plans as losses mount

South Korea's LG Display Co Ltd , a key Apple supplier, slashed its investment plans by $2.7 billion to 2020 citing concern for the global smartphone market, as it posted a second consecutive quarterly loss......»»

Category: topSource: reutersJul 25th, 2018

Apple supplier LG Display slashes investment plans as losses mount

South Korea's LG Display slashes its investment plans by $2.7 billion to 2020 on concern for the global smartphone market, becoming the second Apple supplier to scale back its spending plans within recent weeks. Lea Jakobiak reports......»»

Category: videoSource: reutersJul 25th, 2018

Apple supplier Foxconn seeks to cut costs in 2019: Bloomberg

Apple Inc's biggest iPhone assembler Foxconn aims to cut 20 billion yuan ($2.88 billion) from expenses in 2019 as the company faces "a very difficult and competitive year", Bloomberg reported on Wednesday, citing an internal memo......»»

Category: topSource: reutersNov 21st, 2018

Foxconn reconsidering plans to make LCD panels at Wisconsin plant

Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus......»»

Category: topSource: moneycentralJan 30th, 2019

Foxconn Freezes Plans for $10 Billion Wisconsin LCD Campus

Foxconn originally said it would create a 20-million square foot operation and 3,000 jobs. It now looks close.....»»

Category: europeSource: fortuneJan 30th, 2019

Technology Company Foxconn Is Rethinking Its $10 Billion Wisconsin Factory Amid Trump’s China Trade War

Foxconn and President Trump unveiled the Wisconsin project with fanfare in 2017 (Bloomberg) — Foxconn Technology G.....»»

Category: topSource: timeJan 30th, 2019

Foxconn reconsiders plan to make LCD panels in Wisconsin

Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus......»»

Category: topSource: moneycentralJan 30th, 2019

Foxconn reconsiders plan to make LCD panels in Wisconsin

Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus......»»

Category: topSource: moneycentralJan 30th, 2019

Foxconn is reconsidering plans for Wisconsin plant touted by Trump and then–Gov. Scott Walker

The $10 billion Wisconsin plant, much ballyhooed by the current administration, is likely to hire far few workers, and fewer blue-collar workers, than originally promised, despite $3 billion of taxpayer-funded subsidies......»»

Category: topSource: marketwatchJan 30th, 2019

Foxconn is reconsidering plans to make advanced LCD panels at a $10 billion Wisconsin campus, challenging Trump"s claim that he could revive American manufacturing

Reuters/Kevin Lamarque Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus. Foxconn said it intends.....»»

Category: topSource: businessinsiderJan 30th, 2019

Foxconn vows to build Wisconsin plant after talk with Trump

Foxconn Technology said on Friday it will build a factory in Wisconsin after the company's chairman spoke to U.S. President Donald Trump, following a Reuters report earlier this week that the Taiwanese company was reconsidering its plans......»»

Category: topSource: reutersFeb 1st, 2019

Nan Ya to invest NT$8 billion to expand ABF substrate capacity

Nan Ya Printed Circuit Board has disclosed plans to invest a total of NT$8 billion (US$286.4 million) to expand production capacity for ABF substrates at its factory site in Shulin, northern Taiwan......»»

Category: topSource: digitimesMay 13th, 2021

: Fisker stock jumps after announcing U.S. EV manufacturing plans with Foxconn

Fisker Inc. shares jumped more than 12% in after-hours trading Thursday, after the electric-vehicle company announced plans to make cars in the U.S. with a manufacturing partner known for working with Apple Inc......»»

Category: topSource: marketwatchMay 13th, 2021

UMC to expand factory site in southern Taiwan

Pure-play foundry United Microelectronics (UMC) has announced plans to invest a total of NT$100 billion (US$3.58 billion) in the expansion of its 12-inch factory site in southern Taiwan......»»

Category: topSource: digitimesApr 29th, 2021

Apple pledges to increase U.S. investments by $80 billion, plans North Carolina campus

Apple said it would increase its investment and hiring in the United States, including a new campus in North Carolina......»»

Category: topSource: washpostApr 26th, 2021

Foxconn Wisconsin tax breaks shrink from $2.9 billion down to $80 million in new state deal

Under the original deal, Foxconn would have qualified for $2.85 billion in Wisconsin.....»»

Category: topSource: chicagotribuneApr 21st, 2021

Foxconn’s $2.9 billion in tax breaks shrink to $80 million in new Wisconsin deal

Under the original deal, Foxconn would have qualified for $2.85 billion in Wisconsin.....»»

Category: topSource: chicagotribuneApr 21st, 2021