TAIPEI (The China Post) – Foxconn Chairman Terry Gou (郭台銘) is on his way to the U.S. for a meeting in the White House that is believed to be related to an investment in Wisconsin, according to Reuters.
Foxconn confirmed last month its “long term” job creation in Wisconsin after Gov. Tony Evers said earlier that it was unrealistic to expect the company to employ 13,000 people as promised.
In January, Foxconn said it plans to proceed with the “smaller manufacturing facility” following discussions with the White House and a personal conversation between Trump and Foxconn Chairman Terry Gou.
Foxconn, a major supplier to Apple Inc, has pledged to eventually create 13,000 jobs in Wisconsin but said earlier this year it had slowed its pace of hiring.
Foxconn, the world’s largest electronics company. Wisconsin promised nearly billion in state and local tax incentives to Foxconn if it would invest US$10 billion and create 13,000 jobs for the project, which Trump heralded last year as the “eighth wonder of the world.
A spokesman for Hon Hai Precision Industry Co Ltd, the formal name of Foxconn, told Reuters that the firm wouldn’t comment on the chairman’s itinerary.