Taiwan's Foxconn said on Friday it remains committed to its contract to bui...
FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei, Taiwan, March 30, 2018. REUTERS/Tyrone Siu
Democratic Governor Tony Evers, who inherited a deal to give Foxconn $4 billion in tax breaks and other incentives when he took office in January, said on Wednesday he wanted renegotiation because the firm is not expected to reach its job creation goals for the state. Foxconn, a major supplier to Apple Inc, has pledged to eventually create 13,000 jobs in Wisconsin, but said earlier this year it had slowed its pace of hiring.“Foxconn’s commitment to job creation in Wisconsin remains long term and will span over the length of the WEDC contract and beyond,” it said, adding the construction on the LCD display manufacturing facility will commence in the summer.
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