Foxconn announces $10 billion ‘Flying Eagle Plan’ to move plants to US

Apple products made on American soil?

Taiwan News
Date: 2017/06/23
By: Renée Salmonsen, Taiwan News, Staff Writer

TAIPEI (Taiwan News) — Foxconn Technology Group chairman and CEO, Terry Gou (郭台銘),

Foxconn plans to open factories in U.S. (By Wikimedia Commons)

announced yesterday at the annual shareholder’s meeting plans to spend over US$10 billion on American expansion projects come August.

The American investment scheme, dubbed the “Flying Eagle Plan” (飛鷹計畫), will potentially move Foxconn’s display production plants to the U.S.

Factories and offices will be constructed in a minimum of three states. Seven potential states have been named so far: Illinois, Indiana, Michigan, Ohio, Pennsylvania, Texas, and Wisconsin. Foxconn representatives are still working on deals with the White House, state governors, and other officials, including Gou’s previous two meetings with President Trump.    [FULL  STORY]

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