Posted on 01/27/2014 1:58:49 AM PST by 2ndDivisionVet
TAIPEI— Hon Hai Precision Industry Co. 2317.TW -0.12% , which assembles gadgets for Apple Inc. AAPL -1.82% and other global technology firms, is evaluating a plan to build an advanced display manufacturing plant in the U.S., its chairman said.
Terry Gou, speaking to reporters at the company's 40th anniversary gathering on Sunday, said Hon Hai, also known by the trade name Foxconn, plans to relocate capital-intensive and high-tech manufacturing to the U.S., its largest market....
(Excerpt) Read more at online.wsj.com ...
Terry Gou, speaking to reporters at the company’s 40th anniversary gathering on Sunday, said Hon Hai, also known by the trade name Foxconn, plans to relocate capital-intensive and high-tech manufacturing to the U.S., its largest market....
Capital preservation in progress?
Moving to the political climate least likely to ‘nationalize” their assets?
So many things to ponder here.
Interesting, can you tell us more about what they did there?
They repaired and refurbished cell phones, including Apple. Mostly Hispanic workers. I oversaw the Friday through Sunday shift (12 hour days) which is why I only worked the three days. It’s in an industrial/tech. area of Fort Worth known as Alliance with it’s own busy freight airport very close to the Texas Motor Speedway and Keller.
So what’s the problem? Why is this so controversial?
Please show me where I said it’s a “problem” or “controversial” in my posts.
News doesn’t have to be a problem or controversial. Unusual or unexpected qualifies.
The question is why? Do the foreign nationals see problems trying to do business in China? Is that risk worse for business than the cost savings in local labor?
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