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Foxconn reportedly denied tax subsidies for Wisconsin plant – Source CNET Tech

President Donald Trump attends Foxconn groundbreaking

President Donald Trump and Foxconn Chairman Terry Gou attend the groundbreaking for the company’s plant in Mt. Pleasant, Wisconsin, in June 2018.


Brian Cassella/Chicago Tribune/TNS via Getty Images

Foxconn’s plan to build an LCD factory in Wisconsin has continued to change since it was announced back in 2017, so much so that state officials reportedly rejected the supplier’s application for tax subsidies. 

Taiwan-based Foxconn is best known for assembling Apple’s iPhone and providing parts for other tech companies’ gadgets. In a 2017 announcement at the White House, Foxconn and President Donald Trump touted the Wisconsin plant,…

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Source CNET Tech

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