The president took to Twitter on Wednesday evening to say thanks to Foxconn.
The president tweeted, “Thank you Foxconn, for investing $10 BILLION DOLLARS with the potential for up to 13K new jobs in Wisconsin! MadeInTheUSA”
Attached with the tweet is a video clip of President Trump making the announcement that the investment will lead to thousands of new jobs in the United States.
You can watch the video of President Trump below.
Hon Hai Precision Industry Co., Ltd., trading as Foxconn Technology Group, is a Taiwanese multinational electronics contract manufacturing company headquartered in New Taipei City, Taiwan. Foxconn is the world’s largest contract electronics manufacturer, and the third-largest information technology company by revenue.
Foxconn is primarily a contract manufacturer; its clients include major American, Canadian, Chinese, Finnish, and Japanese electronics and information technology companies. Notable customers and products the company manufactures include BlackBerry, iPad, iPhone, iPod, Kindle, Nintendo 3DS, Nokia, PlayStation 3, PlayStation 4, Wii U, and Xbox One.
Foxconn has factories in Asia, Brazil, Europe, and Mexico that, as of 2012, together comprise approximately 40 percent of all consumer electronics products sold.
Foxconn has been involved in several controversies relating to how it manages employees in China. There has been a history of suicides at its factories blamed on working conditions. In January 2012, about 150 Foxconn employees threatened to commit mass-suicide in protest of their working conditions.
Thank you Foxconn, for investing $10 BILLION DOLLARS with the potential for up to 13K new jobs in Wisconsin! MadeInTheUSA🇺🇸 pic.twitter.com/jJghVeb63s
— Donald J. Trump (@realDonaldTrump) July 27, 2017
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