What Foxconn - Apple's Largest Manufacturer - Is Up To In Wisconsin
HTML-код
- Опубликовано: 6 сен 2024
- Foxconn is the world's largest contract manufacturer of electronics and the biggest assembler of Apple products. Now it's building a massive factory in a village in rural Wisconsin. In a deal heralded by politicians including President Donald Trump and then Speaker of the House Paul Ryan, Wisconsin offered Foxconn close to $4 billion in subsidies to bring the project there. In return, Foxconn promised 13,000 jobs and a $10 billion investment in Wisconsin.
In the last two years, however, plans have changed many times and locals have been forced to move to make way for the 3,000 acre project. CNBC got a rare chance to sit down with Foxconn and the Wisconsin official who helped broker the deal to ask: what's really going on with the project? Watch the video to learn more about the international giant trying to build one of the world's largest factories - in the United States.
Clarification: Jim Mahoney decided not to take “a buyout offer” from the town of Mount Pleasant, not directly from Foxconn.
» Subscribe to CNBC: cnb.cx/Subscri...
» Subscribe to CNBC TV: cnb.cx/Subscri...
» Subscribe to CNBC Classic: cnb.cx/Subscri...
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedI...
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/Instagr...
#CNBC
What Foxconn - Apple's Largest Manufacturer - Is Up To In Wisconsin
that's what's wrong with America, if you ship these heavily polluted jobs to oversea, you complain they take your job and polluting the world. When it's coming back, you hate the pollution and doesn't want to pay higher price for the same good.
Your right. And we continue to get this wrong. Our current president is not helping matters.
The people who complain about jobs being shipped overseas and the people who complain about pollution are 2 separate groups of people.
What? Jobs and pollution are two separate problems and issues... And you still miss the point.
@@trance9158 Poor nations usually have poor environments.
@@AQuietNight China is not poor...Japan is not poor....shall I go on?
This is why Made in USA is so difficult , too much complain and whining....
Luccino CR So correct. The political way to increase wages by government mandate destroys jobs also.
That woman complains about air polution. Then stop driving V8 cars.
The biggest problem in U.S.A is union mobs and corrupt democrats who are under the pockets of Union mobs.
MrLeovdmeer - why not drive a v8 water fuel car
They kicked a bunch of people out of their homes to make this facility. The government offered to compensate them some took it and some didnt. Some of the people that took the deal never saw the money. The people that didnt take the deal were kick out when the government declared it a blight area. Tell me this is whining. To add to this they are only looking to set up to make LCD displays when LED displays are on the rise. Bad investment.
Foxconn is also a large buyer of anti suicide netting ......
Bruh
Looks like a lot of Wisconsin workers will be on the rooftops soon.
👏👏👏
The suicide rate among Foxconn employees was actually below the Chinese average. The media sensationalized the story which lead to a strong public response.
Faber pretty sure the number is a lot higher than what they declared. Chinese people don't like to make themselves look bad so you won't ever know the real number
I love how Americans measure everything in football fields, so practical. Who needs a metric system anyway XD.
Most Americans have a better idea of the size of a football field than they do of a meter, which is almost 4 inches longer than a yard.
@@LouisSubearth Learn SI system, whole world is using it, its scientific standard.
@@robosergTV Why does it make you mad if a foreign news channel tries to relate information in a way that local people can understand. Are you a child?
@@skunkjulio I was referring specifically to a fact of measuring everything in football fields, where the whole world uses SI metric. And no, I am 32, how does my age have anything to do with this absurd situation in the US?
After middle School(I'm in the US), 90% of all math we do in mathematics and science are using SI units. And most students I know love it because it's so much easier than the imperial system.
Honestly, if people are already willing to buy a 1.2k phone and then get another one in a year or 2, I'm sure American consumers would be fine with paying 1.4k for a phone made in the USA.
Daniel Martinez definitely
Few years back when I was looking it up, salaries of manufacturing workers were 7$ from every iphone. It was at the time when those phones costed 650-850$. So even with 10x times higher American salaries it should still be like 70$ per phone. That’s honestly not that much compared to price of product. I guess with those cheap phones that cost like 150-200$, 70$ more makes quarter of whole price, but specifically with iphone, I don’t think people would notice.
@@stafer3 nicely said!
Apple has hoarded so much money and has such absurd profit margins that they should and can eat the costs.
Daniel Martinez the price rise won’t be that low cuz higher wages, more benefits for tens of thousands of workers and then Foxconn will need the materials which they get from their suppliers which needs to be shipped now since they’re not in Wisconsin. So expect double or triple or even quadruple the price.
1.5 year of construction is much faster than I expected, considering one local major road had been repairing for 3 years
It's a very interesting point you brought up there. You should look at Tesla's Gigafactory in Shanghai - there are videos of it on RUclips. Compare China's rate of progress in only a few months to 1.5 years of work here. You'll be shocked (or not), and it explains why manufacturing happens in Asia.
Better than Califronia's endless decade of fixing the same piece of highway. To make it worse, the screwed up and had to tear it up and redo it.
When I lived in Hawaii, it took them almost 4 years to repair a stretch of road not even a half a mile long
Here in nyc we are trying to fix 1 miles highway for 20 years thanks to labor union.
@@xianb25 Source please? It's not labor's fault.
Promising a lot and delivering a little...sounds like a perfect presidential candidate...
Where were you from 2008 to 2016?
houchi69 no different from any other presidents around the world.
And the worst entrepreneur.
Which do u prefer sir to have foxconn or without?
Get a life....
I saw a big red flag with this video: Foxconn is NOT CHINESE, it is Taiwanese. It's really important to call things the way they are. The US and Taiwan are important allies. The US and China are not so much allies. Although China believes Taiwan is a part of it, in the West it is generally accepted that Taiwan is its own country. Did the Chinese government pay CNBC to call Foxconn "Chinese" instead of "Taiwanese"? We should support our democratic allies at all costs!
Terry Gou is Taiwanese and the company's headquarters is in Taiwan.
en.wikipedia.org/wiki/Foxconn
en.wikipedia.org/wiki/Terry_Gou
Matthew Eppley I as Malaysian know that taiwan is part of china. don't you know about that?
@@user-yb4ni7do1h
😅😅😅
Great punch
@@user-yb4ni7do1h If you're being sincere, I'm happy to engage with you. If you're a troll, this will be fruitless. Have you been to both Taiwan and China? I have been and they are clearly different places and require different documents to enter both. They have different names. Most Taiwanese identify themselves as Taiwanese, not Chinese. Have you looked at the history of the Republic of China (Taiwan) and the People's Republic of China? They are not the same government. Just because a government loses a war, as the ROC did, doesn't mean your country stops existing. That's the crux of the argument.
It says the company is from Taiwan, not from China. Get your facts straight during certain times.
So the whole video basically summarizes why things can be made in China, but cannot be made in the US. Everything from labor cost, availability of workers, worker skill sets, eminent domain, government support, it's just not there in the US! I remember when Foxconn talked about building a factory in the US to please Trump, I was very skeptical, knowing exactly what made Foxconn work for China. How many Americans can be called out of their rural villages to go work in a factory and live in a dormitory sleeping on bunk beds, and only going home to see their families at major holidays? What are labor costs in the US versus those in China and other developing Asian countries? What are the environmental laws? What about support from locals? In China, NIMBY does not exist because the Communist Party has real power. The US government does not have the powers that China's government has, and the US government does not believe in subsidies, or have the power to tell banks to offer preferential loan. It comes as a complete non-surprise that nothing worked out. The US isn't a developing Asian country, and no matter how much people are fooled, the manufacturing Trump talks about cannot possibly return to the US! For that to happen would require the US to assimilate to developing Asia. Trump can certainly put more tariffs on China. But that will just incentivize a company like Foxconn to manufacture in Vietnam, Bangladesh and India instead, all of whom have the same dynamics that work for China, but can never be imported to the US.
@pineapplesareyummy And it is already happening. Companies are already devising creative ways to avoid Trump's tariff on China. Some products are being shipped by American importers from China to Mexico and some light or cosmetic "finishing" is done there, and then shipped to the US tariff-free. CNBC ran a special program the other day, and here this: Chinese and American manufacturers are already shifting production to Vietnam to avoid the tariffs. In other words, the manufacturing jobs that Trump is touting that are supposed to come flooding back to the US is not happening. Just as you mentioned, it is just way too expensive to manufacture here in the US, especially low-cost goods like garments, toys, household goods, etc.
I know there are a lot of patriotic citizens in these forums drumming their chests and saying: Let's cut off China and make all our stuff here in the US. Unfortunately, the conditions are not there yet. And besides, American companies are not even willing. Does anyone think the likes of Walmart, Apple, etc are suddenly going to give up 100 to 400% markups as they are currently enjoying by manufacturing in China?
And I always ask the question: Why should the US be aspiring for low-cost manufacturing in the first place? Leave that to third world countries where the labor cost is low, and have less strict regulations. The US should be going hi-tech instead: automation, AI, services, IP licensing, R&D, etc
In bed or OWNED?
@@einarabelc5 ??
Best comment so far
One of the best comments in this video, very coherent and straight to the point. Kudos.
"We traveled to Wisconsin" *insert B-Roll footage of road construction*
I just passed by the Wisconsin Foxconn plant, wow! Total switch-a-rew on what was promised versus what was delivered.clearly this was 2 steps forward/1 step back.
i am waiting for someone to comment on that guys safety helmet! lol
Note that Foxconn is based in Taiwan (ROC), not China (PRC).
what does ROC stand for?
@@colinyuan5404 ROC stands for Rain Of Chaos, -For the horde-
@@colinyuan5404 republic of china
Foxconn factories are all in China/India, his success is built on top of slavery rages chinese/indian/thai workers. Taiwan is just where Foxfonn originated from.
@ 723lion Foxconn makes money by not only slave workers but also taking advantage of its suppliers. The common payment term for paying its suppliers is 180 days.
Not a single interview with locals who support the project??
They exist?
Like NBC would actually care what regular Americans think.
@ecpgieicg Yes, they do exist. They didn't show the people that were glad to sell their houses, the area schools that are announcing collaboration with Foxconn, or the businesses that are gearing up for the new development. I am not a republican but not a democrat either. This deal has a lot of good and bad in it like everything else in life.
@@MorselOfBread Wow. Given the facts you states -- and I trust you on that, this video is a VERY lousy piece of journalistic work. Not very journalistic at all.
"Cleaning up" used water is a fantastic way for "us" to clean up our guilt and the damage to the world?😐
just look at the 5 guys at 10:14; who may be the odd one out? they all have a shovel with a gold plated blade, they all have a shovel with a gold plated handle, but only one of them has a gold plated head.
I94 was planned on being expanded LONG before the Foxconn plant was announced. It just took Wisconsin much longer to do their half (Illinois was the other) because they had to widen 10+ bridges and more all the frontage roads on both sides before they could even start widening the actual road.
Do you think the reporter needs all that safety gear on at 4:40 to stand in an empty excavated site? lol
😂
The video thumbnail misspells the state as "Wisconson." That minor typo aside, this is a fine video.
WTHell
I lived in Mount Pleasant for 15 years and I moved out a year ago. All everyone was talking about was Foxconn. I had friends that had their houses bought at twice the market value to make land for the Foxconn factory. Rest estate was a seller’s market. Everyone and everything main in the news (other than everyday occurrences) was about Foxconn and their plan to fight unemployment in the area. Racine country has one of the largest pay gaps between black and white in the state, and they tried to market that they would help fight that. Racine county is also home to the headquarters of many companies (like SC Johnson and Twin Disc). But, Foxconn is changing everything about Racine. Mount pleasant is promising tax cuts to companies while their school district have to pay their teachers much higher than surrounding counties just so they come and teach there just because Racine is that bad and almost no one that teaches in Racine lives in Racine. I know that big corporations will always take priority, but honestly I don’t believe that this will be good for Racine.
4:15 Apple Computer had a manufacturing plant in Fremont California that made Macintosh computers. It's still there, and still a really nice building.
building a "safety net" for Wisconsin employees
RIP Lake Michigan and Wisconsin’s Air
meaturama Hu??? Bro we are raining out of tree and tree gives us oxygen the less tree in this world the less oxygen and water we all human need water but you it’s a LCD screen factory but they building a huge as place and stuff.
meaturama it was a joke comment
@meaturama Tons of toxic waste, pleasant person.
I love how people say RIP Wisconsin's air as if its only Wisconsin's problem. Due to my location in the state we suffer large air quality problems due to carbon emissions in Chicago. This being a small snip-it it the greater scale that is a global problem that needs to be fixed. However, as I always remind people this is a largely grey issue that politicians try to color as black and white.
There will be controversy. Whether its in the promises they made, treatment of workers, or hazardous waste management (problems every business in the world face on a daily basis). On the upside, it could increase jobs and population in the state, upping the states tax revenues which could give it more power to fix roads, provide social benefits, etc. at a state level.
At the end of the day every decision there is to make can be analyzed through whatever tint of glasses strikes your fancy. I personally wait a few years before putting them on, despite the politicians telling me to keep them on at all times and throw them down in an exasperated craze and ask how nearly one half of the US or the other could be so foolish in their thought process.
@stryfetc1 Bro, the environmental control are much better in US compared to China.
While you enjoying all these cheap goods, you are exchanging someone's health for it.
Don't be selfish american, take back your manufacturing jobs
Americans should begin learning how to manage their consumers' abundant money to manufacture own consumer goods.
If your iphone is made in the U.S, the cost of your phone will be as much as a car
"This factory is going to be the 8th wonder of the world" - guess who said it?
What a ridiculous, asinine statement. Is that guy serious? He really must be smoking the good stuff.
CNBC, please hire people who know how to spell. They need jobs.
also hire a reporter with a less annoying teeny whining voice! She speaks as if she were contentious with every sentence she is stating
You surely meant "knows" right?
Im here because of Ricky Gervais. Thx Ricky
People of USA: Bring back jobs to USA
*Government does that*
Also people of USA: It is polluting our air and water
The last four letters say it all ... when they're finished check for 'safety netting' around the roof and top floors of the building.
Wisconsin: "manufacturing is in our DNA for 150 years"
Europe: ...awww thats cute...
Michigan - Am I joke to you ?
The industrial revolution didn’t start more than 200 years ago... there isn’t much further back to go
The guy at Foxconn Peter Buck is pretty good at PR. Well prepared and articulate.
@4:44 hahaha I love how they're wearing full helmets in the middle of nowhere. What's going to fall on you? Bird poop?
I expected that comment on top :-)
Talk to OSHA about that. They have to wear their little hats
Make them looking like they are serious and relevant.
It's required to protect insurance company profits.
Gateway PC was founded in Wisconsin. Hits the black & white 📦
one of my friends works 200 overtime hours per month to develop equipments for production of the next generation LCD panels. now that the American are willing to take the turn, I think he can have a good rest. Good luck US...
Good luck, Wisconsinites! 16-hr shift is not that bad, it's all in the mind!
8:18
"Terry Ghou has a track record of promising a lot and delivering a little."
The man's ready to be a politician...Terry Ghou for President.
👋🏿🤑🥳🤑🥳🤑🥳🤑🥳🤑🥳👍🏿
I have met people here in Mexico that work for foxconn and they say its living hell.
Just give each of the 3000 workers $1M each and save $1B.
That's wonderful idea!
@@bredatinaforever that's a dumb idea. It will cause chaos. But I guess lazy american is a befitting title
I've been to Foxconn in Shenzhen, their largest manufacturing plant. They check your passport before you can get in. Probably at the time, 10 years ago, they had around 200K employees in that location. They run the plant as if the humans were robots (truly human capital), there was no talking, everyone did their job as quickly and perfectly as possible, and the resulting quality is very high. There is no way that this could be done in the US especially at a low wage. Btw... there are a lot of harmful chemicals in these manufacturing facilities. Probably less harmful now - but imagine trying to comply with all the regulations in the US? You can't manufacture electronics with zero pollution. See all the pollution in China? They are suffering (and shortening their lifespan) by making you a high quality phone - remember that.
We put nets up, that will solve the problem. SMH
No Dummy, They are building lower!!
I have a feeling they were committing suicide because of the toxic chemicals they were breathing in at work. The chemicals to make those products are very toxic.
Greatest president brings jobs to America
0:57 Sam Natapoff cannot say a lie without blinking his eyes
It’s about to be 2021, what’s the follow up? Curious to know if they ever finished construction.
They cancelled the project
Subsidies for profitable corporations, all hail the conservative mantra!
Foxconn is definitely a household name for the wrong reason
They are already manufacturing a large amount of B S. Not just in Wisconsin either.
This was a very good report about Foxconn. All businesses promise and under deliver a little bit. Yet, it’s a common teaching to under promise and over deliver. Maybe, some businesses will follow this train of thought?
Maybe you should start a business before talking bs like this XD
@@ccpmustfall6445 Oh I like your statement a lot. Thank you for saying so and you are appreciated. (:
Dude is running for presidency in Taiwan next year
I think we can balance the need for jobs and care for our environment. Never going to perfect but it is getting better all the time.
Should cover the factory in solar and use green chemistry, recycled everything.
@@NicholasLittlejohn In the short term we will still use some not so green energy until we can evolve and improve the technology used for batteries which will follow with improvement to windmills being less costly and more durable designs as well as materials. Solar farms being but on land not used for much else like Arizona, Some of New Mexico, Nevada, and eastern California for a start. Hydroelectric. I am against Nuclear as being called green and clean though. I think we would have to enforce a nationwide mandatory recycling program as it will never be profitable enough for private ventures to be encouraged to take it on. If it can not be recycled and disposed of in a clean way then find another material to use for it that is.
Bogus......and why Walker lost!!!
The company name holds so much irony.
The name says it all..... FOX-AND THE CON. Hello😲
This is a confusing story because it doesn't speak of Foxconn as a Taiwanese company with Chinese manufacturing sites as well a sites elsewhere in the world so I came away confused about Foxconn - the story tells me it is a Chinese company which implies mainland China not Taiwan.
It is a Taiwanese company. However if you ask the Chinese there is no such thing as Taiwan. Only one China. Technically Taiwan is a Chinese Breakaway province. So they are Chinese without being officially Chinese right now.
@@waycoolscootaloo But do we depend on China for a definition of what Taiwan is? I do not. Maybe in the long term Taiwan will return to China and maybe it will not. But for all practical purposes Taiwan is a separate nation from China.
@@philipwest4553 Yes. And no. Taiwan has never declared independence officially. So it's actually not officially a seperate country even though it is in practice.
Most countries don't recognize it as a separate country. But they do recognize it as a seperate province.
Made in america
By a taiwanese company, well done donald
Don’t be jelly
so what? it really doesn't matter who owns manufacturing facility.
@@cccPaKYccc It kind of does
@@navyrotc2012 why do you think it is important? there are bunch of American companies owning manufacturing facility in my country. I was working for software development company that was American.
Balyeet Bhagaloe right, we are not able to make our own robotics production lines.......
(4:45) - WTF?
Hard hats and eye protection on a levelled field ?
Before any construction had actually begun ?
Jesus!
This is Health and Safety gone Crazy.
>
Or it’s how CNBC or the company wanted the shot to look, which is more likely...
@@ZeteticPhilosopher Yeah that sounds more likely but now I'm offended that they think I'm that dumb.
>
There is heavy machinery like cranes and diggers.
@@Bodragon There is actually a ton of work going on around there now. Everyone is wearing hard hats in the entire area.
If you are making a joke, it's not funny and you are stupid. If the ED and a visitor can be exempt of the safety gears, how will the workers follow the safety rules? Use a brain for once.
Keep these clips up CNBC, very well done. Really surprised.
We want jobs but we don't want to work. In other words we just want free money. Now that guy who promised me US$1,000 monthly, I'm voting for him
Foxconn can build a factory in india . The internal demand of phones is very high . Moreover labour is very cheap .
They are building factories in at least India and Vietnam. As China moves up in sophistication, the low-cost manufacturing jobs will end up in other parts of Asia or Africa. But the video here is about the US. There is a reason why repetitive, labor-intensive jobs are never returning to any Western country until standard of living across the world has been equalized.
Indians don't buy iPhones
@@varg92 Only grand idiots like you would say this. Iphones are a small part of Foxconn, negligible in the greater scheme of things.
When I moved to Wisconsin the Foxconn deal ranged from a political frustration to cautious economic optimism. A year later there's a new governor and Foxconn is a punchline for the last failure of the previous Republican administration.
Not sure why these people would wanna build their dream house in southeast WI if they're trying to get away from it all. I mean have they ever been up north or even the rest of WI?
Excellent report KT 👏🏼👏🏼
Oh myyyy gawsh.. when you went to Wisconsin, please tell me you went to Culver's.
Will the demand be still there for the products manufactured in USA, where the price will be high. Majority of the countries are price conscious market. Cost increase, demand decrease. Eg Apple.
I love how people say RIP Wisconsin's air as if its only Wisconsin's problem. Due to my location in the state we suffer large air quality problems due to carbon emissions in Chicago. This being a small snip-it it the greater scale that is a global problem that needs to be fixed. However, as I always remind people this is a largely grey issue that politicians try to color as black and white.
There will be controversy. Whether its in the promises they made, treatment of workers, or hazardous waste management (problems every business in the world face on a daily basis). On the upside, it could increase jobs and population in the state, upping the states tax revenues which could give it more power to fix roads, provide social benefits, etc. at a state level.
At the end of the day every decision there is to make can be analyzed through whatever tint of glasses strikes your fancy. I personally wait a few years before putting them on, despite the politicians telling me to keep them on at all times and throw them down in an exasperated craze and ask how nearly one half of the US or the other could be so foolish in their thought process.
The work force is there, the skills are here in the US. How hard is it to train someone?
People don't want to train or pay a living wage. That's the real problem.
Profits just won't be 500% or more. But products will still be profitable.
Trevor Phillips another thing is that in the US they have stricter environmental laws and the wages are higher than in Asia
US has much higher wages than In China. Now imagine all the products you bought that made in China, you are just causing the chinese workers trouble and live in hell condition.
Take back your manufacturing jobs and be responsible
governments shouldn't be giving subsidies to companies, in the short term you see more decent jobs but in the long term it just makes it impossible for other compation for smaller businesses. this is why amazon google etc are dominating the world and inequality is rising.
I hope foxcomm comes to U.S.A.💪
lol the comment section has bunch of idiots. I do hope American take back manufacturing jobs. American has better environmental control than China after all
How about offering counseling and psychiatric services to your employees? Putting up safety netd is the cheap way to go and is like putting a bandaid on a sucking chest wound. It wont work.
Hahahaha that's what you get Michigan for not giving us our peninsula.
Get ready to pay $2999 iPhone.
夏夢アイ A true test to see how much people like domestically made products.
It's for TV's not for iPhone
Nobody in the semiconductor industry wants to move to Wisconsin.
China moves 1,000,000 ppl for worlds largest dam...We can't move 7 homes. It's no wonder why we've lost our edge.
we got laws around here, u cant go in and take people home.
@@dangda-ww7de Real change require sacrifices. Ending the slavery hurt the economy of the southern states and cause the civil war, but it was the right thing to do. If America can't do it, then it's already lost. Because 21th century require fast changes
@@dangda-ww7de Chinese Government pay a lot of compensation when try to relocate people. I mean A LOT. In the states? The government will only pay you fair market value which is decided by the government. Not mention that poor women got her yard cut in half which the government probably only pays her a little for the cut part, instead of a full compensation and relocation.
@@yiyang2633 And they could say no? And what? Drown?
@@Kenneth_James There are a lot of background stories, documentaries about that dam so I don't want to waste time here. You can search on youtube by yourself. It doesn't matter if you have the right to say yes or no because most families complain about big projects around their house due to the lack of compensation. I am pretty sure if government offer $500k for your $200k house, most people will sigh the agreement without any hesitate and that's what they do in China in these days. This will be my last reply in this video since we are way off topic here.
Yes yes and yes. Please bring manufacturing back to the states. Apple consumers tend to be price-insensitive anyways.
It's Taiwan company not comeca😁
LCDs? In a world where MicroLED displays aren't THAT far off? This is obsolete before it has even started.
We are YEARS away from MicroLED being viable enough to replace LCDs. We haven't even been able to produce good enough OLED display's for monitors at a low price, let alone MicroLED. MicroLED will start life in the Apple watch, mainly because the watch screen is so small. It will give us time to manufacture and develop the tech to eventually scale up. LCD's in the meantime are still the best thing we can use for monitors on desktops and laptops
MicroLEDs are years off and LCDs will still be in widespread use after their introduction. LCDs aren't going away anytime soon.
Another success by the Don! This man kills every deal he does...literally kills em lol
1:15 *Terry Gou, he is stepping away from Foxconn to run for the presidency of Taiwan.*
You did an amazing interview. I liked it. Thank you.
You got conned by a old fox => Foxconn, its in their name.
if dirty drilling in the Arctic or Alaska for oil makes sense, assembling a mouse in Wisconsin makes BIG sense. Build more mouses , televisions, drones and some screens. Foxconn will make more money from WI subsidies than selling those screens nobody would want by the time the plant is ready.
I see. Trade tariffs have incentivised the establishment of domestic manufacturing. It must now be more feasible than importing commercial, retail product.
For every job "brought back", 3-4 are lost.
@@jascrandom9855 nah, bring us the statistic. Don't be brainwashed. American import more from China rather than export to China. Simple maths dumb dumb.
It is just long run vs short run.
Every iphone you bought, you are endangering 5 Chinese workers health.
Take back the manufacturing job and stop bringing harm to other nations
Foxconn is good for Wisconsin, but Wisconsin isn't good for Apple. How are you going to produce and ship your product in the winter? Foxconn will not be able to keep up with demand.
*Foxconn Cons Wisconsin, Walker Outfoxed*
guess not, he is not there!
nobody outfoxes Luke Scott Walker
@@SwaggerOnHundred uhh, pretty sure he lost bud
@@JoshWitte after getting bored of winning
@@SwaggerOnHundred he really wanted to win, so I'm not sure whose ass you pulled that out of but it wasn't Walker's 🤣
@@JoshWitte he lost because he was rushing to save Han and Leia
Don't you see how great he is. He will comeback with the force stronger than ever.
So Wisconsin pays $174k per employee over the next several years. Wow, what a deal Wisconsin! Lol. Trump saved manufacturing!
Foxconn is Taiwanese, and y'all are saying it's Chinese. I can't wait for the angry comments
The Great CooLite Taiwan is legally considered China.....
They said it's a Taiwan based company though
Taiwan is a province in China. Taiwanese people and corporations are Chinese.
Well guess who doesn't pay attention to geopolitics.
China OWNS Taiwan
everyone is talking in an odd tone. We get it foxconn
They're making Starcourt mall in Hawkins.
I cannot even find an electronics assembly job in America, it all went to China.
The skill set needed is not in the states.
There going to ship in there own labor.
How many trees are gonna go down in Wisconsin! Beautiful state to be messed around...!
They are building this thing essentially on the state line. How many of those 13k jobs are going to go to Wisconsinites when Illinois and Chicago are a short drive away? Waste of time and money IMO.
Jobs cut from 13 000 to 1400 and investment from 10 billion to 600 million as of April 2019
8:49
"Put the camera on my good side" - Mark Hogan, Wisconsin EDC Head
📽👋🏿☺️☺️☺️☺️☺️☺️☺️☺️👍🏿
It's a whole gimmick , the company which hardly pays 3000-4000$ a year to its employees, how can they pay more than 50,000$ a year..
They said an average of 54k per year so the managers making 100k+ per year will bump up the numbers lol you know how It is. Its all fugazi
4th Quarter of 2020 for production to start! LOL! They haven't even finished laying the concrete base...
90...parts...air pollution. I cringed hard. 90 parts per million of WHAT lady??
Good Luck "Foxconn USA" ............SO HOPE-FULL THAT AUTOMATION AND OUR GOVERNMENT CAN TIP THE BALANCE FOR FUTURE MANUFACTURING.
That comes with a price. Can cuntland pay.
andy cairns WHY ARE YOU SHOUTING?
It's not worth it as a Wisconsin resident. Might as well spent that money to improve Wisconsin than giving it to corporate and oh forgot to mention but those job will be automate in about 5 to 10 years down the line. Think about that for a second. Waste and pollution might occur as well. There is more con than pro.
they dont care they just want your money, american leaders dont care about their people, they just care about how much money is in their pockets, I can say the same for any nation - china, russia, brazil, saudi arabia, etc.
13000 jobs -> 1500 jobs. 10 billion -> 700 million. Art of a deal. LMAO. Good job wisconsin republicans. Mortgaged your future on a con.
Apple needs to have a factory in the us it’s ridiculous of how expensive those tariffs are from China to US are so expensive and then that affects the consumer because paying over 1000 dollars for a cellphone that 2 years ago it was a few hundred dollars less
Foxconn would be difficult in Wisconsin factory.as employee paid in hour. As in China paid in Month.
other wise know as SLAVES
Chinese labor costs are rising very fast and labor is a small part of the equation. Skilled Chinese labor isn't THAT much cheaper than skilled US labor (they might cut such labor costs up to half, but probably much less). Labor costs are going to just get smaller and smaller due to automation, too.
They will be sorry to make the move especially considering labor union and complaint for the enviroment.