Foxconn In USA : Trump's Tech Mega Deal Faces Reality Check

Two days after President Donald Trump's inauguration in January 2017, Foxconn Technology Group, a Taiwanese electronics manufacturer, announced it was considering building a multibillion-dollar production facility in the United States.

In July 2017, with the support of the White House, Foxconn and Wisconsin's Governor struck a megadeal. Foxconn originally promised to build a Generation 10.5 facility that would manufacture large LCD screens. The project was to be an investment of up to $10 billion that would deliver up to 13,000 jobs.

It was also one of the first big moments in the Trump presidency, complete with President Trump holding a golden shovel at a lavish groundbreaking ceremony where he said the factory would be “the eighth wonder of the world”. Despite its dramatic groundbreaking, the Foxconn project has been marred with problems, massive problems!