Foxconn ‘not building a factory’ in Wisconsin after all, says company, after $4B tax breaks

Foxconn is for the second time scaling back on its plans for its Wisconsin LCD facility. Originally touted as a $10B TV display factory expected to create up to 13,000 jobs, the company subsequently said it was cutting costs by instead aiming to make smaller displays.

Today, however, Foxconn CEO’s special assistant Louis Woo has said that it is now ‘not building a factory’ at all, but rather something far more modest in scope …

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