Foxconn to build LCD manufacturing plant in Wisconsin


Foxconn Technology Group, the world's largest contract electronics manufacturer from Taiwan, is returning to its plans to produce LCD displays in the US state of Wisconsin after negotiations in February between US President Donald Trump and Foxconn CEO Terry Gu. Construction of the plant will begin this summer so that in the fourth quarter of 2020, production of 6th generation LCD displays will be launched. The project is expected to attract an investment of $10 billion. The Taiwanese company intends to create 13,000 new jobs in Wisconsin. Produced at the new plant liquid crystal displays will be used in vertical solutions for health and education. They will also be used for entertainment and sports, security and smart cities.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong