Sunday, January 22, 2017

Greater Than Ever -- January 22, 2017

Foxconn (think Apple) CEO says investment for display plant in US would exceed $7 billion.

Exceed $7 billion? I guess so. The total Foxconn is considering $57 billion in the US.

Like Heinz 57. Or the 57 united states.

Reuters is reporting:
  • Foxconn is the world's largest contract electronics maker
  • Foxconn is considering a display-making plant in the US
  • $7 billion investment
  • Foxconn working with Sharp Corp on this idea; depends on many factors
  • in a meeting, the CEO "pledged a $50 billion of investment in the United States and inadvertently disclosed information showing Foxconn's logo and an unspecified additional $7 billion investment
  • the US has no panel-making industry, but the US is the second-largest market for televisions
  • a display-making plant could create up to 50,000 jobs
  • the lucky state? Pennsylvania -- great reward for that state voting for "the Donald"

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