According to reports in foreign media, Foxconn's LCD panel plant in Wisconsin, in which the company invested USD10 billion, recently gained new progress.
The Taiwanese company announced that the Wisconsin plant will start the next phase construction this summer and it will be put into product in the fourth quarter of 2020.
Foxconn initially planned to make advanced big screen displays for TVs and other consumer goods and professional products in this plant; however, the company later decided to produce smaller six-generation LCD displays in the plant.
Foxconn revealed that at the beginning stage, it will make screens that are used in education, medical healthcare, entertainment and sports, security, and smart city products.
In 2017, Wisconsin announced to offer USD4 billion state and local tax incentives to Foxconn, aiming to attract the company to build a plant in this state. It is said that to fully gain the incentives, Foxconn need to create 13,000 jobs.