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Foxconn puts America first with $10 billion Wisconsin facility

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

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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.

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