Sunday, April 30, 2017

Foxconn coming to America

Foxconn, through Sharp, has a known tie to Microvision. (Foxconn did highlight the RoBoHon) It is the largest contract electronic manufacturing companies in the world, assembles the iPhone, and is set to produce its own cellphones. 

Interesting developments here, and given the relationships this company has this deserves to be watched closely.

Times of Oman

"We are planning a number of investments in America,” Gou said. "This project will include both capital-intensive and skilled labor-intensive and high-tech investment."

Gou said in January that Foxconn was mulling setting up a display-making plant in the United States with an investment that would exceed $7 billion.

Focus Taiwan

Taipei, April 29 (CNA) Taiwan-based Hon Hai Precision Industry Co. (鴻海, better known as Foxconn outside Taiwan ), the world's largest contract electronics maker, said Saturday that it was in talks with the U.S. government for possible investments in the United States.

In a statement, Hon Hai, an assembler of iPhones and iPads for Apple Inc., said that the company is earnestly seeking investment opportunities in the U.S. market and is evaluating the possibility of pouring capital there for expansion.

Hon Hai, which has built a broad production site in China with a workforce of about 1 million, expressed gratitude to the White House Office of American Innovation for its efforts to pave the path for the Taiwanese firm's negotiations with the U.S. government for possible investments.

The White House Office of American Innovation, created by President Donald Trump and led by his son-in-law Jared Kushner, aims to reform the federal government through private-sector solutions.

But with Trump’s persistent pledge to bring manufacturing jobs back to the US, and Gou’s dogged determination to acquire the memory chip business of embattled Japanese conglomerate Toshiba, the two will likely exchange their views on related issues.
“We are made in America”, Gou said in response to the Post reporter’s question about what he discussed at the White House.

No comments:

Post a Comment