ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Foxconn puts America first with $10 billion Wisconsin facility

Domestic demand for displays is huge, but company coy on future US investments

 (placeholder image)
Terry Gou, chairman of iPhone manufacturer Foxconn, negotiated with U.S. President Donald Trump and other officials to bring a plant to Wisconsin.   © Reuters

MILWAUKEE, U.S. In what is set to be the largest green-field investment by a foreign company in U.S. history, Taiwanese contract electronics manufacturer Hon Hai Precision Industry, also known as Foxconn Technology Group, will spend $10 billion on building a liquid crystal display panel plant in the state of Wisconsin.

The investment will employ over 3,000 people and eventually help create 13,000 jobs, announced U.S. President Donald Trump alongside Foxconn Chairman Terry Gou on July 26.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more