Recruiting focus on quality not quantity
MULTINATIONAL ELECTRONICS CONTRACTOR Foxconn Technology Group, headquartered in Tucheng, New Taipei, has announced it will invest $10 billion over the next four years to build a liquid-crystal display manufacturing facility in Wisconsin in the United States. China Youth Daily commented on Tuesday:
Foxconn's investment will be the largest new greenfield investment made by a foreign company in the United States, creating 3,000 new jobs and 10,000 more in the future, according to reports. The move is partly seen as a response to US President Donald Trump's ambition to revitalize domestic manufacturing.
Not long after he assumed office, Trump threatened to impose punitive tax as high as 35 percent on US companies manufacturing overseas and selling their products in the US.