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Tony Evers: State s reduced financial commitment to Foxconn opens up opportunities
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Evers: State s reduced financial commitment to Foxconn opens up opportunities
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Foxconn s new deal shows how project has changed since 2017
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State and Foxconn officials made a number of additional notable changes to their agreement.
Change in purpose
Four years ago, Foxconn promised a Generation 10.5 thin-film-transistor LCD screen manufacturing facility capable of making huge display screens.
In 2018, Foxconn rolled back the size of the facility to a Gen 6 capable of making screens for TVs, smartphones and tablets.
Now, it seems like the company is abandoning LCD screens in exchange for a broader focus.
The changing nature of Foxconn s plans for the facility has been a point of emphasis for the Evers administration, and officials maintained if the company wasn t building the large facility originally promised, the work would not count toward tax credits.