Foxconn's 10 billion US dollar idle factory has a turning point: switching from LCD TVs to new energy vehicles

In 2017, Terry Gou, chairman of Foxconn, a company from Taiwan Province of China, traveled across the ocean to build a $10 billion factory in Wisconsin, USA, planning to produce panel screens needed for LCD TVs.

It is reported that the factory covers an area of ​​20 million square feet and is said to create 13,000 jobs in the United States when fully staffed. In order to support Foxconn's huge "handsomeness", the local area has also invested $400 million in relocation of residents and infrastructure construction.

The residents who had relocated for the factory were angry and even questioned whether it was a scam, believing that the project had broken almost every promise. Because until 2020, the factory had employed less than 300 people in total.

However, all this may have taken a new turn recently.

The reactivation of this "idle" factory in Wisconsin, the United States, is undoubtedly Foxconn's Electric car An indispensable layout in the industry.

However, facing still-high labor costs, can Foxconn’s US factory really make this transformation?

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.