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posted by on Tuesday January 24 2017, @08:25PM   Printer-friendly
from the 30,000-50,000-robots-rejoice dept.

The New York Times (may be pay-walled) reports that Terry Gou, the CEO of Foxconn has confirmed rumours aired in December to the effect that the company is considering building an additional factory in the United States. Yahoo Finance UK says that the factory, if built, "could create about 30,000-50,000 jobs." The South China Morning Post reports that the facility, expected to cost more than $7 billion, would make dot-matrix displays (such as used in television sets and mobile phones) under the Sharp name. Mr. Gou remarked that:

While it is difficult to have a clear analysis of the economic outlook for this year, due to looming uncertainties, three factors can be seen as clues. First, the rise of protectionism is inevitable. Secondly, the trend of politics serving the economy is clearly defined, and thirdly, the proportion of real economy is getting increasingly bigger.

Speaking in November, Gou had called on the incoming U.S. leaders to refrain from protectionist policies, The China Post had reported.

Additional coverage:

Related:
Foxconn Plans to Replace Nearly All Human Workers With Robots in Some Factories
Foxconn Acquires Sharp at a Lower Price Than Previously Agreed
Sharp Accepts $6.25 Billion Takeover Bid from Foxconn, but Foxconn is Wary of Debt
Softbank to Invest $50 Billion in the US


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  • (Score: 2, Insightful) by Anonymous Coward on Tuesday January 24 2017, @09:37PM

    by Anonymous Coward on Tuesday January 24 2017, @09:37PM (#458277)

    > the factory, if built, "could create about 30,000-50,000 jobs."

    Right, I don't believe that for a minute. A flat panel display factory in a low wage country might still be built that way, but in a developed country it's going to have most of those jobs automated.

    The new giant Solar City solar cell plant in Buffalo, NY is going to employ less than 1500 people, http://www.wgrz.com/news/solarcity-adamant-about-buffalo-job-creation/238504629 [wgrz.com] and I think the number has been dropping ever since the plant was announced.

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  • (Score: 2) by bob_super on Tuesday January 24 2017, @09:59PM

    by bob_super (1357) on Tuesday January 24 2017, @09:59PM (#458286)

    They're counting all the construction jobs ($7B isn't a small place), the automation-supplier jobs, the security and delivery guys, and the hundred guys actually doing what's not automated.
    Then multiply by five to ten, depending on how many tax breaks you're expecting to extract from the yet-unnamed local and state governments winning the upcoming bid.

    • (Score: 5, Touché) by DECbot on Tuesday January 24 2017, @10:06PM

      by DECbot (832) on Tuesday January 24 2017, @10:06PM (#458289) Journal

      When you bribe a politician, do you get to count him as one of those jobs that were created?

      --
      cats~$ sudo chown -R us /home/base
      • (Score: 2) by bob_super on Tuesday January 24 2017, @10:17PM

        by bob_super (1357) on Tuesday January 24 2017, @10:17PM (#458297)

        Depends on whether you're employing his toddler and his cat (job creator!), giving him campaign contributions (outstanding citizen!), or forgetting your bills-packed briefcase in his secondary house (distracted friend).
        Prostitutes as gifts are only temp jobs, regardless of gender, but they do count in the total.

      • (Score: 0) by Anonymous Coward on Tuesday January 24 2017, @10:18PM

        by Anonymous Coward on Tuesday January 24 2017, @10:18PM (#458298)

        > When you bribe a politician, do you get to count him as one of those jobs that were created?

        Can't count the politician until they leave government and the company hires them as a "consultant".
        I'm being sarcastic, but in many cases it's so transparent that this must be true.