Tech

What Foxconn – Apple’s Largest Manufacturer – Is Up To In Wisconsin

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Foxconn is the world’s largest contract manufacturer of electronics and the biggest assembler of Apple products. Now it’s building a massive factory in a village in rural Wisconsin. In a deal heralded by politicians including President Donald Trump and then Speaker of the House Paul Ryan, Wisconsin offered Foxconn close to $4 billion in subsidies to bring the project there. In return, Foxconn promised 13,000 jobs and a $10 billion investment in Wisconsin.

In the last two years, however, plans have changed many times and locals have been forced to move to make way for the 3,000 acre project. CNBC got a rare chance to sit down with Foxconn and the Wisconsin official who helped broker the deal to ask: what’s really going on with the project? Watch the video to learn more about the international giant trying to build one of the world’s largest factories – in the United States.

Clarification: Jim Mahoney decided not to take “a buyout offer” from the town of Mount Pleasant, not directly from Foxconn.

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What Foxconn – Apple’s Largest Manufacturer – Is Up To In Wisconsin

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35 Comments

  1. @HikikomoriDev

    December 31, 2023 at 11:55 am

    Not much came from this and Terry Gou and Microsoft had their last laugh at it while people where evicted and had to throw their own cash away to the goverment to fund the plant, that's like a majour fraud, bigger than anything and every one is silent now, they don't care, it's also people's fault, people get screwed too for not really paying attention, no one is protesting either, so people's fault too.

  2. @duanerondorf8948

    December 31, 2023 at 11:55 am

    Thank Scott Walker for the sewers and roads but thank Tony Evers for the REAL jobs

  3. @user-kk5dl1lf7p

    December 31, 2023 at 11:55 am

    Foxconn is a manufacturer for business. If the supply chain, resources, labors … are not ready, I wonder what would I do if I am the business owner?

  4. @dary0097

    December 31, 2023 at 11:55 am

    Foxconn The world's largest Sweat Shops

  5. @spadebraithwaite1762

    December 31, 2023 at 11:55 am

    Sam, you're lucky you didn't grow up in Britain with that name. You'd have been, "Not-a-poof!"

  6. @chikeungchan503

    December 31, 2023 at 11:55 am

    A lot of Americans are spoiled to be lazy. No hope to move back the manufacturing to usa again.

  7. @silo3com

    December 31, 2023 at 11:55 am

    Hilarious

  8. @rimmyrk3428

    December 31, 2023 at 11:55 am

    It is funny while bussiness like Foxxcon is struggling with capitals/ money to invest to create jobs for people while some rats in DC throw money away for Ukraine

  9. @flyfliker

    December 31, 2023 at 11:55 am

    Foxconn and Apple are evil

  10. @telmagarcia4620

    December 31, 2023 at 11:55 am

    Justicia

  11. @darandaneshjou4550

    December 31, 2023 at 11:55 am

    PROPAGANDA. MODERN DAY SLAVERY

  12. @JacksonHoulihan

    December 31, 2023 at 11:55 am

    So glad to see how Wisconsin republicans screwed over their own people by giving foxconn(perfect name for them by the way) hundreds of millions in taxpayer money and never having to actually do what their contract says they will, like creating jobs. I wonder how much scum walker and punk ryan got from foxconn to create this CON on the good people of Wisconsin.

  13. @owengallant7738

    December 31, 2023 at 11:55 am

    Jobs cut from 13 000 to 1400 and investment from 10 billion to 600 million as of April 2019

  14. @johnwick860

    December 31, 2023 at 11:55 am

    you know something is wrong when your company installs nets around buildings 😂

  15. @s.g2068

    December 31, 2023 at 11:55 am

    The eight wonder of the world 😂

  16. @InFltSvc

    December 31, 2023 at 11:55 am

    This was nothing but a lie because Apple agreed they are I would rather have the slaves in China do their bidding for them

  17. @randallgoldapp9510

    December 31, 2023 at 11:55 am

    Just as long as they install suicide nets.

  18. @bxzdjsjs6991

    December 31, 2023 at 11:55 am

    Character In the video It's great, I like it a lot $$

  19. @medicinaemdia4895

    December 31, 2023 at 11:55 am

    It’s like every single promise that Trump does, he oversells it and then others bite the dust

  20. @danielhutchinson6604

    December 31, 2023 at 11:55 am

    The addiction to Tech seems to have made people forget
    about how much water we need to survive…..

  21. @bagelchips3213

    December 31, 2023 at 11:55 am

    You hear what that guy said, Trumpers? "The skill sets are NOT in the U. S." You understand what that means? Our education system SUCKS. Thanks to your political views and votes. That, and everything else Trump touts turns to total crap. I think it's exactly what it's named: One big Fox con. Slave factory workers committing suicide? Yep, that's about right. In Wisconsin? Maybe they should start producing AR-15s. Big market for those crazies out there now.

  22. @thetr7067

    December 31, 2023 at 11:55 am

    the sound is not good I am quite disappointed

  23. @grantwong9491

    December 31, 2023 at 11:55 am

    WIS*CONN*SIN HAHA 🦾🦾🦾🦾🦾🦾🌪🌪🤖🦾🤖🤖🤖🦾🤖🤖🤖🦾🤖

  24. @kalip5742

    December 31, 2023 at 11:55 am

    The Foxconn factory should be going up to build Fisker EV's

  25. @johnlamarche8118

    December 31, 2023 at 11:55 am

    This didn't age well.

  26. @harshgupta_india

    December 31, 2023 at 11:55 am

    This video is the audio version of wikipedia page of foxconn🤣😂

  27. @patricksaxon3983

    December 31, 2023 at 11:55 am

    I cannot even find an electronics assembly job in America, it all went to China.

  28. @garydunn3868

    December 31, 2023 at 11:55 am

    Another Trump scam.

  29. @karabadasski2521

    December 31, 2023 at 11:55 am

    FOX and CONN and Trump was involved??? Wisconsin got screwed.

  30. @garydunn3868

    December 31, 2023 at 11:55 am

    Scam on the citizens of Wisconsin by Trump, Ryan and their cabal of grifters.

  31. @tamdangmarketing

    December 31, 2023 at 11:55 am

    Not all deals falls through. Accusing Jerry of misses promises – Jerry is obviously a “Doer” as per his results – perhaps the the US can keep their promises the plant may be built already.?

  32. @bitchlasagna8481

    December 31, 2023 at 11:55 am

    All for a foreign company. Lol

  33. @rickhuis3773

    December 31, 2023 at 11:55 am

    Trump scam! Remember that

  34. @deelish22

    December 31, 2023 at 11:55 am

    What a scam

  35. @ShaMana999

    December 31, 2023 at 11:55 am

    Welcome from the future, sooo where is the plant and the jobs?

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