TAIPEI -- Fresh off a deal to build a large production site in Wisconsin, Foxconn is planning a research and development facility in Michigan, according to new reports.

CEO Terry Gou told Chinese media that Foxconn will develop "next generation auto technology, such as Internet of Vehicle (IOV) and self-driving cars" near the center of the US auto industry in Michigan.

"The Michigan investment will be unveiled soon, yet the transaction amount cannot be released," Gou was quoted as saying by China's Securities Times.

Michigan's governor also suggested plans could be in the works. No timetable or investment size was disclosed.

Last week, Foxconn confirmed earlier reports that it would build a display plant in Southeast Wisconsin. That deal is contingent of the state government passing a series of incentives for the world's largest contract assembler.

Register now for PCB West, the Silicon Valley's largest PCB industry trade show: pcbwest.com! Now with full-day electronics assembly tutorials!

 

 

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article
Don't have an account yet? Register Now!

Sign in to your account