Categories: USA

President Trump Forces Foxconn to clarify their position on the U.S. plans

President Trump decided to intervene in the matter himself that Foxconn was thinking about the approach they will have for the new factory that they are building in Wisconsin.

Foxconn planned for making LCD panels but they are now considering of making a high-tech research facility.

This news came as a huge blow for President whose main priority is the manufacturing sector.

But Foxconn decided to start the plant construction after the Foxconn Chairman and President Trump had personal conversation with each other.

President Trump celebrated the news by tweeting about this success.

Foxconn didn’t give any detailed information about the type of workers they are going to hire but they said that they are committed to bring investment in the region which could create about 13,000 job chances.

This government backed deal is getting controversial with the incentives that are given to the company. Lawmakers said that it could take more than 25 years for the project to be overall profitable.

Adyson Sipes

Staff writer for the Chicago Morning Star

Recent Posts

Chicago ranks among top vegan-friendly cities

Chicago has been ranked among the 15 best U.S. cities for vegans and vegetarians in a new WalletHub study released…

2 weeks ago

Chicago concert week brings major acts to city

Chicago is set for a packed week of live music as major pop stars, indie acts, rock bands, blues performers,…

2 weeks ago

High fuel costs may reshape American Airlines plans

American Airlines could reconsider its future capacity plans if elevated fuel prices persist, CEO Robert Isom said, even as strong…

3 weeks ago

Amazon Prime refunds expanded to as much as $200

More Amazon Prime customers will qualify for automatic refunds under a revised settlement with the Federal Trade Commission, with the…

3 weeks ago

Brandon Johnson Launches Chicago Reelection Bid

Chicago Mayor Brandon Johnson announced Sept. 15 that he will seek a second term, launching a reelection campaign centered on…

3 weeks ago

Phillies begin crucial playoff push vs. Nationals

The Philadelphia Phillies begin a crucial stretch in their postseason race Tuesday when they visit the Washington Nationals for the…

4 weeks ago

This website uses cookies.