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The Wisconsin Foxconn Saga Continues

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Last week a Foxconn executive told Reuters that the company would not manufacture liquid crystal screens in Racine County as it had promised. Two days later the company’s CEO reversed direction after a conversation with President Donald Trump. This is par for the course for the Taiwanese tech giant. Foxconn has a history of making lavish promises only to scale them way back or to drop the project altogether. In Pennsylvania, the company promised 500 jobs to much fanfare only to back out. In Brazil, it topped itself by promising 100,000 jobs. Brazil is still waiting…

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before foxconn wisconsin plant there were promises of big spending in brazil
Photo: Ana Ottoni