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Exclusive: Wisconsin report confirms Foxconns so-called LCD factory isnt real
Foxconn’s “Fab”in Wisconsin. A state report says it no signs that it manufactures LCDs, or ever will | Photo by Curtis Waltz
A state report on Foxconn’s Wisconsin factory depicts a project gone far off course. The report, issued this month by Wisconsin’s Division of Executive Budget and Finance and obtained through a records request, confirms that the company has not built the enormous Gen 10.5 LCD factory specified in its contract. It also says that the building the company claims is a smaller Gen 6 LCD factory shows no signs of manufacturing LCDs in the foreseeable future and “may be better suited for demonstration purposes.”
The report notes that Foxconn received a permit to use its so-called “Fab” for storage, which The Verge first reported this week. Furthermore, according to an industry expert consulted by the state, Foxconn has not ordered the equipment...
Original Link: https://www.theverge.com/2020/10/21/21526765/foxconn-lcd-factory-not-real-confirmation-wisconsin-report-exclusive
The Verge
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