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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: 0) by Anonymous Coward on Wednesday January 25 2017, @03:46AM

    by Anonymous Coward on Wednesday January 25 2017, @03:46AM (#458381)

    You're not saving if you're buying clothes and furniture daily.

    As for food you really don't want to eat the Chinese shit (in some case this might literally involve shit). In 2011 the Chinese Gov claimed that 10% of farmland was contaminated, more recently they said it was 20%. What is the real figure by USA standards?