Foxconn, the world's largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed $7 billion, company chairman and chief executive Terry Gou said on Sunday.
Gou said that Foxconn, formally known as Hon Hai Precision Industry, had been considering such a move for years but the issue came up when Foxconn business partner Masayoshi Son, head of Japan's SoftBank Group, talked to Gou before a December meeting Son had with Trump.
Son is pledging 50 Billion dollars of investment in the United States and Gou said the 7 Billion dollar plant would create 30,000 to 50,000 jobs.
These are only pledges and nothing has been set in stone but just the talk about moving jobs from Asia back to the US is huge news. This is 100% result of Trump being a strong leader and talking to these business leaders around the Globe.