[Global Synthetic Reporter Li Zongze] According to the US “Wall Street Journal†reported on March 2, the world's largest electronics manufacturer Foxconn Technology Group is still discussing the establishment of a flat panel display factory in the United States. However, in China, Foxconn is promoting a $8.8 billion factory construction project, which highlights the huge gap.
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Foxconn chairman Guo Tingming emphasized this contrast when he broke ground for a new flat panel display factory. In a subsequent question and answer session with reporters, Gou said that Foxconn is bidding for Toshiba’s flash memory chip subsidiary. Analysts expect the Toshiba computer chip subsidiary's sale price may reach $ 20 billion or more. A Toshiba spokesman declined to comment. The company had previously stated that it hopes to complete the sale of its flash memory business as soon as possible in the next fiscal year starting on April 1.
Informed sources said that in the United States, negotiations on setting up a similar flat panel display factory in Guangzhou have been going on for several years, but no deal has been reached. In January, Gou said that he still hopes to invest US$7 billion in the United States to establish a factory and welcome the state government to throw up an olive branch.
Terry Gou said on the 1st that he had just been to Washington, but did not elaborate on the progress of the negotiations. Gou said that in order to win such factories, the United States must provide tax incentives and staff training plans, while also studying how the work in China is carried out. He said that if any government in the United States wants to attract Foxconn to build factories, they should study and study in China to see how it can accomplish so many issues in China in such a short period of time.
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