Foxconn reconsiders Wisconsin factory plans


Foxconn, which raised hopes of a US manufacturing revival by announcing a new factory in Wisconsin, is now reconsidering its plans.

The Taiwanese manufacturing giant no longer expects to make liquid crystal display panels at the Wisconsin plant, a company official told Reuters.

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It plans to hire mostly engineers and researchers not manufacturing workers.

The changes are a significant shift from the firm’s plans announced at a White House ceremony in 2017.

At the time, US President Donald Trump claimed credit for landing the investment, which he said was a sign his policies were returning investment to the US.

The yet-to-be-built facility was the “eighth wonder of the world”, he said at a groundbreaking ceremony last summer.

Foxconn, a major Apple supplier, had pledged to invest $10bn (£7.6bn) in the plant, which was expected to initially employ 3,000 people, with a potential for up to 13,000, mainly entry-level jobs.

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