Deals
Foxconn Dangles $10 Billion Tech Investment to Create U.S. Jobs
- Hon Hai Chairman Terry Gou engages several American states
- Apple supplier’s moves may mark a victory for Donald Trump
Terry Gou.
Photographer: Anthony Kwan/BloombergThis article is for subscribers only.
Terry Gou is intent on building Foxconn Technology Group’s international footprint.
The world’s largest maker of iPhones is readying $10 billion or more of investment across several U.S. states, starting with a decision by July on the location for a $7 billion display-making plant. Foxconn’s billionaire chairman also vowed to press on with a bid for Toshiba Corp.’s semiconductor business -- a deal that could cost $27 billion and usher Foxconn into the memory chip business.