Foxconn Reverses on Wisconsin Plant After Trump Talks

The transcript discusses the fluctuating plans of Foxconn in Wisconsin, initially planning to create 13,000 jobs with a large LCD factory. After discussions with President Trump, who has been involved since 2017, Foxconn's plans have been inconsistent, causing confusion among state officials and the public. The deal has faced local unpopularity, affecting political outcomes, and has undergone several changes, including a shift from factory workers to knowledge workers and scaling down the factory size. Despite commitments to innovation and technology, Foxconn missed its hiring goals, raising doubts about its future ambitions.

What was the initial plan for Foxconn's investment in Wisconsin?

• To build a small research facility

• To create 13,000 jobs and build a large LCD factory

• To open a retail store

• To establish a new headquarters

How did President Trump influence the Foxconn deal?

• He withdrew support for the project

• He suggested relocating the factory

• He applied pressure to recommit to the deal

• He provided financial incentives

What was one of the reasons for Governor Scott Walker's loss in the reelection bid?

• His stance on healthcare

• His foreign policy decisions

• The unpopularity of the Foxconn deal

• His education policies

What change did Foxconn make to their original plan for the factory?

• They decided to build a larger factory

• They shifted focus to 'knowledge workers'

• They increased the number of jobs

• They moved the factory to another state

What is one of the broader ambitions Foxconn has for their Wisconsin site?

• To build a theme park

• To create an ecosystem for 8K streaming and AI

• To develop a new smartphone

• To open a chain of restaurants