A $7 Billion Bet on the U.S. Could Lift Taiwan’s Foxconn
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Terry Gou, the founder of Foxconn, on a screen at a conference last year. On Sunday, he detailed plans to build a $7 billion display-making plant in the United States. CreditAly Song/Reuters
Foxconn’s $7 billion bet on the United States goes beyond politics. Building a huge TV screen factory in America would fit neatly with President Trump’s push to create domestic jobs. Grabbing a share of the American market could also help the Taiwanese iPhone maker revive Sharp, its recently acquired subsidiary.
On Sunday, Foxconn’s founder, Terry Gou, sketched out a project to make display panels in America, building on details revealed accidentally last month by his friend Masayoshi Son, the chairman of SoftBank, the Japanese technology and telecommunications giant…
A $7 Billion Bet on the U.S. Could Lift Taiwan’s Foxconn
