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Foxconn Rethinking Plans for Wisconsin LCD Display Factory

  • The iPhone assembler may scale back project, Reuters reports
  • The megaproject was hailed for bringing jobs back to America
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This Billionaire Assembles the iPhone. Now He's Building an American Factory
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Foxconn Technology Group is rethinking its plan to build a cutting-edge factory in Wisconsin that was part of a promise to create 13,000 jobs, raising new questions about a high-profile project President Donald Trump once called central to his efforts to return manufacturing to the U.S.

The world’s largest contract-electronics manufacturer is reconsidering whether it is economically feasible to develop liquid-crystal displays at its Wisconsin plant, Louis Woo, special assistant to Chairman Terry Gou, said on Wednesday. Reuters reported earlier that the company could scale back its LCD production plans or abandon them.