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Foxconn mulls $7B investment in the U.S.

  • Foxconn (OTC:FXCOF) and its Japanese subsidiary Sharp (OTCPK:SHCAF) are considering setting up an display-making plant in the U.S. in an investment that would exceed $7B, CEO Terry Gou confirmed on Sunday.
  • The plans, which come after President Trump's "America First" inauguration speech, still depend on many factors such as investment conditions that would have to be negotiated at the state and federal levels.
  • Previously: Foxconn, Sharp weigh LCD plant in U.S. (Jan. 13 2017)

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