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TAIPEI (Reuters) - Foxconn, the world's largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed $7 billion, company chairman and chief executive Terry Gou said on Sunday.The plans come after U.S. President Donald Trump pledged to put "America First" in his inauguration speech on Friday, prompting Gou to warn about the rise of protectionism and a trend for politics to underpin economic development.Foxconn's proposal to build a display plant, which would be planned with its Sharp Corp <6753.T> unit, depend on many factors, such as investment conditions, that would have to be negotiated at the U.S. state and federal levels, Gou told reporters on the sidelines of a company event.Gou said that Foxconn, formally known as Hon Hai Precision Industry Co <2317.TW>, had been considering such a move for years but the issue came up when Foxconn business partner Masayoshi Son, head of Japan's SoftBank Group Corp <9984.T>, talked to Gou before a December meeting Son had with Trump.As a result of the meeting, Son pledged a $50 billion of investment in the United States and inadvertently disclosed information showing Foxconn's logo and an unspecified additional $7 billion investment. At the time, Foxconn issued a brief statement saying it was in preliminary discussions to expand its U.S. operations, without elaborating.
https://www.yahoo.com/tech/foxconn-ceo-says-investment-display-plant-u-exceed-120029682--finance.htmlQuotehad been considering such a move for yearsDefinitely claim credit for this!
had been considering such a move for years
Quote from: john "teach me how to" dougie on January 23, 2017, 12:51:41 PMhttps://www.yahoo.com/tech/foxconn-ceo-says-investment-display-plant-u-exceed-120029682--finance.htmlQuotehad been considering such a move for yearsDefinitely claim credit for this!"The plans come after U.S. President Donald Trump pledged to put "America First" in his inauguration speech on Friday"
Quote from: Phil Titola on January 23, 2017, 06:09:18 PMQuote from: john "teach me how to" dougie on January 23, 2017, 12:51:41 PMhttps://www.yahoo.com/tech/foxconn-ceo-says-investment-display-plant-u-exceed-120029682--finance.htmlQuotehad been considering such a move for yearsDefinitely claim credit for this!"The plans come after U.S. President Donald Trump pledged to put "America First" in his inauguration speech on Friday"Yes a foreign company is so easily swayed in 3 days after a US president's speech. Come on guys...you are smarter than this.
Quote from: john "teach me how to" dougie on January 23, 2017, 06:32:35 PMQuote from: Phil Titola on January 23, 2017, 06:09:18 PMQuote from: john "teach me how to" dougie on January 23, 2017, 12:51:41 PMhttps://www.yahoo.com/tech/foxconn-ceo-says-investment-display-plant-u-exceed-120029682--finance.htmlQuotehad been considering such a move for yearsDefinitely claim credit for this!"The plans come after U.S. President Donald Trump pledged to put "America First" in his inauguration speech on Friday"Yes a foreign company is so easily swayed in 3 days after a US president's speech. Come on guys...you are smarter than this.OK, to spell it out, they have been considering it for years, but had no reason to proceed because obama let them manipulate their money and import for next to nothing. Time to pull the trigger. Thanks, Trump.
I've said it before and I'll say it again, K-State fans could have beheaded the entire KU team at midcourt, and K-State fans would be celebrating it this morning. They are the ISIS of Big 12 fanbases.
#gowomenhttps://twitter.com/WSJ/status/824111499547447297
Intel CEO: Past tax policy has disadvantaged usIntel CEO meets with President Trump in Oval Office 25 Mins Ago | 04:21Intel chief executive Brian Krzanich met with President Donald Trump on Wednesday, where the company announced it will invest $7 billion in a factory employing up to 3,000 people.The factory will be in Chandler, Arizona, the company said, and over 10,000 people in the Arizona area will support the factory. Krzanich confirmed to CNBC that the investment over the next three to four years would be to complete a previous plant, Fab 42, that was started and then left vacant.The 7 nanometer chips will be produced there will be "the most powerful computer chips on the planet," Krzanich said in the Oval Office with the Trump administration. Most Intel manufacturing happens in the U.S., Krzanich said."America has a unique combination of talent, a vibrant business environment and access to global markets, which has enabled U.S. companies like Intel to foster economic growth and innovation," Krzanich said in a statement. "Our factories support jobs — high-wage, high-tech manufacturing jobs that are the economic engines of the states where they are located."It comes as the technology industry has pushed back against the Trump administration, amid mounting pressure to move manufacturing jobs back to the U.S. There will be no incentives from the federal government for the Intel project, the White House said.
I blame the parents