Foxconn USA builds factory: employees earn an average of 50,000 U.S. dollars a year

Recently, Foxconn has signed a contract with the US for its 10 billion dollar LCD panel project in Wisconsin. It is understood that Foxconn has officially signed an investment agreement with the United States Economic Development Bureau of Wisconsin. The project will have a total investment of US$10 billion and will create a world class LCD panel factory in Racine County, Wisconsin, creating 13,000 jobs for the state.

Foxconn’s US$10 billion LCD panel project has been officially signed with the US
Hon Hai Chairman Guo Taiming stated that Foxconn expects to be able to integrate into the Wisconsin local community and make active contributions to the local transformation through this park. In the future, Wisconsin State Park will become the hardware development and solution platform for the new 8K+5G ecosystem. It will play a role in the manufacturing, technology promotion and vertical integration of industrial chains in education, healthcare, entertainment, sports, security, and smart communities in the United States. Key role.

Wisconsin Park will become the hardware development and solution platform for the new 8K+5G ecosystem
At the same time, Wisconsin Governor Wak and Terry Gou signed a $3 billion tax incentive contract to provide related investment incentives for future plans to set up factories in Hon Hai. Wacker said that this will be the highest amount of tax concessions offered by the state government to foreign companies in the history of the United States. Gou Ming-ming promised that if Hon Hai fails to perform, it will pay Weizhou up to 500 million yuan in compensation.
In order to comply with this tax concession, Hon Hai must achieve the goal of providing employment year by year in the contract period of 15 years, including 260 in 2018, and finally at least 13,000 in 2032 and at the same time providing 53,875 US dollars per person. The average annual salary.

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