Apple supplier Foxconn today announced plans to invest $10 billion in the United States, which will go towards building a new factory in Wisconsin that will employ 3,000 or more workers.
Foxconn is sharing the news at an event at the White House on Wednesday afternoon, says Recode.
The upcoming factory will produce large LCD displays that are meant to be used in televisions and other similarly sized electronics, but Foxconn chairman Terry Gou has said Apple is willing to invest in the factory, so it could be expanded to smaller displays in the future.
According to the Trump administration, the factory could grow to employ as many as 13,000 workers, while also encouraging Foxconn to build additional facilities in other parts of the country.
Foxconn has been mulling a U.S. factory for several months and has been in talks with both the U.S government and several state governments. Foxconn considered several locations for the factory before settling on Wisconsin.
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Source From: macrumors.com.
Original article title: Apple Supplier Foxconn Confirms Plans to Build TV Display Factory in Wisconsin.
This full article can be read at: Apple Supplier Foxconn Confirms Plans to Build TV Display Factory in Wisconsin.