Foxconn's Wisconsin plant faces headwinds after US elections

Incoming governor wants to renegotiate deals around $10bn factory

20181107N Terry Gou and Scott Walker

Foxconn Chairman Terry Gou, left, and Wisconsin Gov. Scott Walker touted the planned LCD panel plant as a win on job creation for the U.S. Now, Walker has lost a bid for re-election.

LAULY LI and CHENG TING-FANG, Nikkei staff writers

TAIPEI -- Concerns are emerging over the future of Foxconn Technology Group's $10 billion investment in the U.S. state of Wisconsin after the politician who helped to harness nearly $4bn in tax breaks and other incentives for the project was ousted in Tuesday's election by a fierce critic of the package.

Foxconn, a key supplier for Apple, HP, Dell, Amazon and many others, is building a liquid crystal display panel plant in Wisconsin, and Chairman Terry Gou has credited Gov. Scott Walker's support as key to attracting the company also known as Hon Hai Precision Industry to the state. Both Walker and U.S. President Donald Trump attended the groundbreaking in June.

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