Source:
https://scmp.com/tech/enterprises/article/2104271/apple-supplier-foxconn-build-us10-bn-plant-wisconsin
Tech/ Enterprises

Apple supplier Foxconn to build US$10 bn plant in Wisconsin

Foxconn Chairman Terry Gou (C) greets Wisconsin Governor Scott Walker (L) as House Speaker Paul Ryan applauds during a White House event where the Taiwanese electronics manufacturer Foxconn announced plans to build a US$10 billion dollar LCD display panel screen plant in Wisconsin. Photo: Reuters

Taiwanese electronics manufacturer Foxconn on Wednesday announced plans to build a US$10 billion LCD display panel screen plant in Wisconsin.

Foxconn, a major supplier to Apple for its iPhones, is formally known as Hon Hai Precision Industry Co Ltd. It said last month it plans to invest more than US$10 billion in a display-making factory in the United States. Seven US states competed for new investments from Foxconn.