© YouTube ABCNews Electronics Production | December 08, 2016
World's biggest EMS provider mulling investment in the US
Taiwanese EMS-giant Foxconn is reportedly in preliminary talks talks regarding an investment that would lead to the company expanding its operations in the US.
The information came after US President-elect Donald Trump and SoftBank Group Corp.’s CEO, Masayoshi Son, announced that the Japanese company plans to invest USD 50 billion in the country and with that create 50’000 jobs. During the announcement at Trump Tower – in front of cameras – Son held up a document which read:
- Softbank, Foxconn.
- Commit to invest USD 50 billion + USD 7 billion in US.
- Generate 50k + 50k new jobs in US
- In next 4 years