According to foreign media reports such as Bloomberg and other media reports on July 27, Foxconn chairman Guo Taiming, as well as US President Trump and others, announced on Wednesday (26th) at the White House in the United States that Foxconn will invest 10 billion US dollars to establish a state in Wisconsin, USA. LCD panel production plant.
Foxconn said the plant will create 3,000 jobs. Wisconsin Governor Scott Walker said in a statement that the new plant could eventually create 13,000 direct jobs, 22,000 indirect and Derivative jobs, 10,000 jobs. Walker said the agreement also helps Wisconsin attract and retain talent.
Also present at the news launch ceremony were US Vice President Penns, House Dean Ryan and other officials. And Trump son-in-law and White House senior adviser Kushner, Presidential Assistant Reed Kodish led the White House Innovation Office This project has played a key role.
Trump: Guo Taiming is the greatest businessman in the world
'US employment - this is what we want', Trump is very satisfied with Foxconn's investment this time, 'Thank you my friend - the world's greatest businessman Guo Taiming.'
Trump also said, 'This is a good day for American manufacturing, workers and all those who believe in 'Made in America'; the blessings of many industry leaders represented by Foxconn make the world more aware of the United States. The unparalleled workers, the infinite dream of the American dream, and the prosperity of the United States are in sight.
Wisconsin Governor Walker said, 'This is a once-in-a-century opportunity for our state and the United States, and Wisconsin is ready.'
'We call it 'Wisconn Valley' because we believe that the transformation that this investment brings to Wisconsin is like the changes that Silicon Valley brought to the San Francisco Bay Area. Foxconn brings forward-looking high-tech manufacturing to the US, Wisconsin. The state will jointly lead this path of change, thanking Foxconn for choosing Wisconsin, and thanking Mr. Guo Taiming for all his efforts. ' Walker also said.
Scott Paul, president of the American Manufacturing Alliance, said: 'When workers get paid in Wisconsin, I am excited about Foxconn's announcement. Foxconn used to say much less.'
However, he still believes: 'I hope that the factory can be established and bring a lot of jobs.' He pointed out that the production of televisions and similar equipment was transferred from the United States to Asia long time ago.
He said: 'We have heard many times that the consumer electronics industry cannot be transferred back to the US. I hope this will be successful, because it will prove that these decisions are more of a choice problem than a capacity issue. Currently, produced in the United States. The electronic display is really rare. '
According to foreign media, Foxconn's new plant in Wisconsin will cover 20 million square feet (about 1.86 million square meters), which is three times the size of the Pentagon. It will be one of the largest manufacturing parks in the United States. Initially, Foxconn will employ 3,000 workers.
10 billion US dollars, from the outside world, Guo Taiming sent a "big gift" to the United States this time, which is 3 billion more than the rumored $7 billion investment, and also the largest foreign company in the United States. New investment.
In fact, since last year, news about Foxconn’s investment in the United States has continued.
On December 6, 2016, US President Trump met with Japanese Softbank as a family member in the United States. When interviewed by the media after the meeting, Sun Zhengyi generously presented a conference material, which was written by everyone. Familiar name: Foxconn (foxconn).
On the second day, Hon Hai Group immediately issued a statement saying that it is initially assessing potential investment opportunities in the United States. It has not yet finalized the case and will continue to discuss directly with relevant US units.
In December last year, Guo Taiming said in an interview with reporters that the mainland has promoted the real economy to return to reality, the combination of reality and reality, soft and hard integration, this is the right direction, but the US government has not realized this, he does not know.
However, from the current situation, Foxconn's realization of 'Made in America' will be a foregone conclusion.
At the end of April, Guo Taiming visited the White House in the United States. The media said that he had talked with Trump for two hours. But when he walked out of the White House and was asked by the media whether he saw President Trump, Guo Taiming played Tai Chi, saying, 'I Memory is not good, I don't remember if I have seen him. '
It is reported that in order to attract Foxconn's project to settle in Milwaukee, Wisconsin's most economically developed port city, Mayor Tom Barrett has promised that if Foxconn decides to invest in Milwaukee, it will provide help for Foxconn. Recruiting the skilled workers needed.
Foxconn said that the new plant site in the southeastern part of Wisconsin will be announced in the near future, and the future production of LCD panels, including TV, autonomous vehicles, aircraft systems and education, entertainment, health care, cutting-edge manufacturing, offices Automated, interactive retail to safe living, etc., reshaping the consumer's daily technology experience.
Guo Taiming: The United States invented television, but there is no single LCD panel factory that produces complex systems.
For this investment, Guo Taiming said at the announcement ceremony that since TV was invented in the United States, Foxconn is suitable to open a LCD panel factory in the United States.
'There is no single LCD panel factory in the United States that produces complex systems, and we will change this situation,' said Guo Taiming at the announcement ceremony, 'starting with the investment in Wisconsin today.'
Foxconn said in a statement that the investment marks the beginning of a series of investments by Foxconn in the US manufacturing industry in the next few years.
Trump previously disclosed that Apple CEO Tim Cook has promised him that he will bring three large manufacturing plants to the United States.
But in this regard, Foxconn insiders told the media that for Apple whether it is 'returning' to US production, the current investment project is only the beginning, and there will be other projects in other states. Foxconn’s move is more about global layout. .
'Foxconn is committed to the 'Made in America' through Industry 4.0 and Internet + strategic concepts, which will not only enable us to promote the development of intelligent manufacturing technology flows, information flows and process flows, but also to develop innovative products and solutions. Bringing help and promoting the Group to provide better services to customers including many well-known American technology companies. 'Guo Taiming said that this will also help consumers fully enjoy the future display technology brought by the 8K+5G ecosystem.
The First Financial Daily reported that the investment in the United States is mainly for investment in panel manufacturing, of which 8K will be the main direction.
In fact, Foxconn’s ambition for the panel industry’s 'hegemony' has been revealed in previous investment plans.
At the end of last year, Foxconn announced in Guangzhou that it will invest 6 billion yuan in Guangzhou Zengcheng to build an 8K display eco-industrial park. It mainly produces large-size 8K ultra-high-definition image LCD screens. The annual output value after mass production will reach 92 billion yuan.
Some analysts said that Foxconn's investment in the United States can use the US preferential policies to reduce the cost of building factories. It can also understand the needs of consumers in the North American market, promote high-value-added products such as HD 8K TV, and further seize market share. But this is not the case. On behalf of Foxconn will give up the Chinese mainland market, in the mainland China, India, the United States and other markets to achieve 'take all', perhaps the most wanted by Foxconn.
Ryan: American manufacturing is first class
'What a wonderful day for the US manufacturing industry,' said US House of Representatives Ryan, 'This proves once again that our country is a real manufacturing powerhouse, first-class among the best.'
According to techweb's report, Foxconn's plan to build a large factory in Wisconsin in the United States may receive $1 billion to $3 billion in tax incentives from local, state, and federal governments in the next few years.
Proponents of the project said the plant could have a huge impact on the state's economy. Such a large-scale stimulus plan was almost impossible to achieve in Wisconsin, and the plan needed approval from the state legislature.
Scott Fitzgerald, the state's majority leader in the Senate, once said he hopes the Democratic Republican Party will support the stimulus.
In addition to the huge subsidies that Wisconsin may give, the US tax reform is also an important reason to attract companies to invest in the United States.
On April 26 this year, the White House announced the main principles of the tax reform program.
In terms of corporate income tax, the White House plans to reduce corporate income tax from the current 35% to 15%; tax one-off tax on US companies' overseas profits; and promote the 'locality' taxation principle, that is, the future profits of US companies will be You only need to pay taxes in the country where the profits are generated, and you don't have to pay taxes to the US government.
The Trump administration has always kept the revitalization of 'Made in America'.
In order to promote American products and fulfill Trump's 'US First' commitment, the US government launched a 'Made in America' theme week, starting on July 17, featuring cups, brooms, bowls, fried chicken burgers. 50 pieces of 'Made in the USA' represent exhibits.
However, some critics have pointed out that Trump's 'Made in America' is just a 'surface article'. Over the years, Trump and his family's corporate products are mostly 'foreign manufacturing', such as Turkey, Bangladesh, etc. There are many Chinese goods that have been repeatedly criticized by Trump, Mexican goods.