On August 2nd, CNBC reported that US President Donald Trump disclosed on the 1st of the United States local time that Foxconn Chairman Terry Gou had privately told him that the company plans to invest in a new US plant. 30 billion U.S. dollars, which will be three times the company’s previous commitments.
The White House recently held a small-scale business activity. Trump revealed the above news at a press conference later. He said: "He (Guo Minging) told me that he may invest 30 billion U.S. But this is what he told me privately, so I promise not to tell anyone."
Foxconn said last week that it will spend 10 billion U.S. dollars to build the most advanced factory in Wisconsin and create 3,000 jobs in the process. Another larger production facility is also in negotiation.
Foxconn has helped produce iPhones and other consumer electronics products, possibly producing screens needed for cars, healthcare, and other devices in U.S. factories. The Foxconn spokesperson has not responded to requests for comment from CNBC. (small)
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