• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

FoxConn to Move to Wisconsin

Page 10 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.
To be fair, a lot of Wisconsinites have hated this Foxconn deal from the start... It was never a good deal to start off with and just gets worse.
 
ivwshane said:
I must say that I for one am glad that slowspyder posts here. His posts allow me to see just what right wing nuts are thinking without having to visit a single right wing website.

I'm not following this thread but I find it amazing that Republicans have now resorted to trumps primary political tactic and to outright lie and I'm not talking about things like crowd sizes or how "awesome" the tax cuts have been and how "great" the economy is doing because of trump. They are outright lying about their actual voting records and actually running ads where they stare into the camera and lie about their voting record, specifically with regards to voting to get rid mandatory coverage for pre existing conditions and cutting government provided health care (Medicare, Medicade, and even social security).

I wish I could say that if they win their races I would be shocked but honestly I won't be.
Click to expand...


So basically you don't do any research, you rely on a poster in AT P&N to get the full picture of what's going on in the world around you. I think I've spotted your problem...
 
SlowSpyder said:
So basically you don't do any research, you rely on a poster in AT P&N to get the full picture of what's going on in the world around you. I think I've spotted your problem...
Click to expand...
Do you want your state to give a few billion to Chinese companies too? Vote Republican and make it happen.
 
senseamp said:
That's what you get for voting Republican. No federal bailout for Wisconsin. Let their idiot taxpayers eat those billions by themselves.
Click to expand...
ch33zw1z said:
Let's see how they react at the polls.
Click to expand...

I never voted for Walker once. I always boo'ed him as he walked by my house in the yearly 4th of July parade (same with Sheriff Clarke). I didn't ask for this FoxCon crap.Too many rural areas up north and out west love Scooter. He better not win today...
 
Someone please mark this thread for follow up for 12 months from now then 24 months.

Don’t ask me I’ve got peace in the Middle East on my list
 
Homerboy said:
I never voted for Walker once. I always boo'ed him as he walked by my house in the yearly 4th of July parade (same with Sheriff Clarke). I didn't ask for this FoxCon crap.Too many rural areas up north and out west love Scooter. He better not win today...
Click to expand...
Congrats. Hopefully new leadership serves your state better, the bar is pretty low 🙂
Here is a hint for Wisconsin, if you want tech jobs, invest in your universities, then tech companies will come to you and pay hundreds of thousands instead of the other way around. For the money that was wasted on Foxconn, UW could have built several hundred best funded in the world research labs. Silicon Valley is out of room and is spreading talent to other tech hubs, and Wisconsin is not fully capitalizing.
 
SlowSpyder said:
So basically you don't do any research, you rely on a poster in AT P&N to get the full picture of what's going on in the world around you. I think I've spotted your problem...
Click to expand...

Research? You mean I don't go to bullshit websites who peddle in fake news? Yeah I don't do that and as I said I don't need to, I've got you to regurgitate all the bullshit they are spewing.

However, when it comes to researching actual facts, I like to use a myriad of websites with a history of credibility and accuracy. You should try it sometime, if you didn't you'd probably stop coming off as a troll and a brainless parrot😉
 
ivwshane said:
Research? You mean I don't go to bullshit websites who peddle in fake news? Yeah I don't do that and as I said I don't need to, I've got you to regurgitate all the bullshit they are spewing.

However, when it comes to researching actual facts, I like to use a myriad of websites with a history of credibility and accuracy. You should try it sometime, if you didn't you'd probably stop coming off as a troll and a brainless parrot😉
Click to expand...

You're such a smug libtard, your tears can heal the sick and quench the thirst of millions
 
More good news! While it doesn't pertain to the WI location specifically, it doesn't bode well for the company as as whole.

https://www.jsonline.com/story/mone...xkx6hjugn3EF1cx5lVqN4biCPEf2a2rgeAjb_T_X-9PaU

Foxconn Technology Group, which has begun work on a planned $10 billion manufacturing and research complex in Wisconsin, is looking to slash its corporate expenses in 2019, the news organization Bloomberg reported Wednesday.

Citing an internal company memo, Bloomberg said Taiwan-based Foxconn wants to cut $2.9 billion in expenses and eliminate about 10 percent of non-technical staff amid the prospect of “a very difficult and competitive year.”

The report follows widespread concerns about softening demand for iPhones, the main product of Apple Inc., which is by far Foxconn’s most important customer.

A contract manufacturer with vast operations in China, Foxconn assembles the iPhone and other tech devices. Foxconn's financial filings show that a single customer – unnamed in the filings but widely believed to be Apple – accounted for 51% of Foxconn’s 2017 revenue of more than $150 billion.

RELATED: Foxconn will need engineers from Asia at Wisconsin factory, consultants say

Responding by email to Bloomberg’s inquiries about the cost-cutting plans, Foxconn said that its review for 2019 “is no different than similar exercises carried out in past years to ensure that we enter into each new year with teams and budgets that are aligned with the current and anticipated needs of our customers, our global operations and the market and economic challenges of the next year or two.”
Click to expand...
 
"market and economic challenges of the next year or two"

Reflects a growing corporate consensus that we're in for trouble in the near future.
 
Almost done...


Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus, and said it intends to hire mostly engineers and researchers rather than the manufacturing workforce the project originally promised.
Click to expand...

Now, those plans may be scaled back or even shelved, Louis Woo, special assistant to Foxconn Chief Executive Terry Gou, told Reuters. He said the company was still evaluating options for Wisconsin, but cited the steep cost of making advanced TV screens in the United States, where labor expenses are comparatively high.
Click to expand...

Earlier this month, Foxconn, a major supplier to Apple Inc., reiterated its intention to create 13,000 jobs in Wisconsin, but said it had slowed its pace of hiring. The company initially said it expected to employ about 5,200 people by the end of 2020; a company source said that figure now looks likely to be closer to 1,000 workers.

It is unclear when the full 13,000 workers will be hired.
Click to expand...

Rather than manufacturing LCD panels in the United States, Woo said it would be more profitable to make them in greater China and Japan, ship them to Mexico for final assembly, and import the finished product to the United States.

He said that would represent a supply chain that fits with Foxconn’s current “fluid, good business model.”
Click to expand...

https://reut.rs/2sUwrEQ


I'm extremely skeptical of even these pared back plans. Kenosha seems like a terrible place to drop a major R&D facility if you want to attract good engineers.
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top