Good for the USA? Foxconn plans U.S. display making plant for over $10 billion, scouting for location

in #news7 years ago

Foxconn (2317.TW), the world's largest contract electronics maker and a major Apple Inc (AAPL.O) supplier, plans to invest more than $10 billion in a display-making factory in the United States and will decide on the location of the plant next month.

The Taiwan-based firm has been eyeing U.S. investments for some time and its CEO, Terry Gou, had previously said the company hoped to spend over $7 billion to set up a display-making plant in the country - which has no panel-making industry but is the No.2 market for televisions.

It's good to hear Asian companies investing in America again. It makes no sense to build something halfway around the world and ship it back around the world to where the most demand for it is.

So the real questions I'm 'dying' to know is, does Foxconn plan on installing suicide nets in this new factory in the United States or is China a special case because they work people to death there?

Here is a picture of workers installing what appears to be suicide netting at a Foxconn factory.

If you don't know about all the suicides, forced abortions and all the other inhuman stuff that goes on at a Foxconn factory just google it and read some of the evidence out there it will make your head spin.

https://www.reuters.com/article/us-foxconn-strategy-idUSKBN19D0AH

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I was wondering the same thing when I heard about this. It's not one of those investments that leaves you wanting to leap for joy lol.

Exactly, It's like saying Soros is investing billions in the US stock market.

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