Trump hails Foxconn breaking ground on $10bn US plant

Apple supplier hints at more US investments to come

20180628N trump gou groundbreaking (REUTERS)

U.S. President Donald Trump, center, takes part in a groundbreaking with Wisconsin Gov. Scott Walker, left, and Foxconn Chairman Terry Gou at Foxconn's new site in Mount Pleasant, Wisconsin, on June 28.

LAULY LI, Nikkei staff writer

MOUNT PLEASANT, U.S. -- iPhone assembler Foxconn formally broke ground on Thursday at its $10 billion factory complex in the state of Wisconsin, a project that supports U.S. President Donald Trump's aim to bring manufacturing back from Asia.

The Taiwanese contract electronics manufacturer, officially Hon Hai Precision Industry, says the project will create 13,000 jobs with an average salary of $54,000 a year. Critics say Wisconsin's promise of $3 billion in state aid for the project is excessive.

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