Foxconn wants to change the terms of its Wisconsin factory deal

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Foxconn Wisconsin
Foxconn previously agreed a massive deal to build a factory in Wisconsin.
Photo: Foxconn

Foxconn promises that it’s working hard to deliver the Wisconsin factory it received $4 billion in tax breaks for. However, behind-the-scenes dealings show that the company could be trying to renegotiate terms.

A letter from Wisconsin Governor Tony Evers indicates that Foxconn proposed a change to the deal back in March. It is now planning to submit “the necessary documentation” to do so in the coming weeks.

Foxconn promises it’s committed to Wisconsin factory

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Foxconn Wisconsin
Foxconn says today it will build a factory and provide jobs in Wisconsin.
Photo: Foxconn

Foxconn swears its committed to bringing 13,000 jobs to Wisconsin just two days after the state’s governor said it wants out from its deal with the Taiwanese company.

Wisconsin governor Tony Evers, who inherited the deal when he took over office in January, said recently that he wants to renegotiate the parameters of the deal that gives Foxconn $4 billion in tax breaks. Not wanting to miss out on all those incentives, Foxconn is adamant about maintaining its course.

Foxconn will fulfill promise to create thousands of jobs in Wisconsin

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Foxconn signing
Foxconn and University Wisconsin officials signing a deal for a research center.
Photo: Bryce Richter/University of Wisconsin-Madison

Apple supplier Foxconn may be rethinking its U.S. manufacturing plans in Wisconsin, but the Taiwan-based company wants people to know it’s serious about delivering the jobs it promised.

Responding to a recent report, Foxconn says it will keep its promise to create 13,000 jobs in Wisconsin.

Foxconn denies US plant will be staffed with Chinese engineers

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Foxconn Wisconsin
Foxconn is moving to the U.S.
Photo: Foxconn

Apple’s top manufacturing partner Foxconn is denying a recent report from the Wall Street Journal that the company is looking to staff its new Wisconsin plant with employees from China.

Foxconn allegedly plans to bring engineers to fill a gap in prospective talent due to a tight labor market, the Journal claims. The plant has already been scaled back in size. Adding Chinese laborers instead of creating American jobs would certainly cause even more controversy.

Foxconn is already scaling back plans for Wisconsin factory

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Foxconn Wisconsin
Foxconn is coming to Wisconsin.
Photo: Foxconn

State representatives in Wisconsin are worried that Apple supplier Foxconn might be about to pull off “the mother of all bait and switches” with its proposed factory in the state.

Foxconn is allegedly scaling back its plans for the factory which could get $4 billion-worth of subsidies and infrastructure spending. Despite President Trump attending the groundbreaking ceremony this past June, construction still hasn’t begun and the plant could be much smaller than originally planned.

Trump praises Apple at groundbreaking for Foxconn’s U.S. plant

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Donald Trump speaks to supporters at an immigration policy speech at the Phoenix Convention Center in Arizona.
At a groundbreaking ceremony for the Wisconsin Foxconn plant, President Trump applauded Apple's contribution to the U.S.
Photo: Gage Skidmore/Flickr CC

A groundbreaking ceremony today for a huge Foxconn plant was attended by President Trump. Foxconn is best known for assembling the iPhone, but this plant in the Midwest will produce LCD screens.

Although Apple isn’t directly involved with the production facility, the president still used his speech this morning to applaud the iPhone maker.

Foxconn scores generous benefits package for first U.S. factory

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Foxconn
Wisconsin is offering a super generous package to attract Foxconn.
Photo: CBS

Wisconsin will be the site of a new display factory built by Apple manufacturer Foxconn — but local residents will be paying for it.

According to a new report, Wisconsin residents will be coughing up an extra $1 billion on top of the existing $3 billion package of subsidies to attract Foxconn to the area. This “sweetener” will come out of public funds, and will leave the state “on the hook” for 40 percent of the public bonds which finance local expenses should the project flop.

Apple Says It Will Only Pay $1 Per iPhone To License Motorola Patents

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motorolavsapple

Apple’s legal battles have been quietly continuing in the U.S. even after their landmark $1 Billion win over Samsung a few months ago. Apple is currently trying to fight patent claims lobbied against it by Motorola Mobility which is now owned by Google.

With five days to go before their contract trial starts in Wisconsin, Apple formally declared to the court that it will be willing to pay a licensing fee to Motorola Mobility as long as the license is $1 or less per iPhone sold.

Five Regional Carriers Launch The iPhone At A Discount While T-Mobile Sits On The Sideline

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Regional carriers launch the iPhone at a $50 discount
Regional carriers launch the iPhone at a $50 discount

Earlier this month, five regional U.S. carriers announced that they would begin carrying the iPhone 4 and 4S. All were offering the devices at $50 less than the standard list prices of the larger national carriers (AT&T, Verizon, and Sprint). All five carriers are in more rural areas of the country that aren’t well served by the national carriers. Two are in Alaska, for example.