Terry Gou Visits the White House and Hon Hai Builds a Plant in the United States in the Second Half of the Year

Reuters quoted sources as saying that the Hon Hai Group plans to set up factories in the United States in the second half of this year, but details are not disclosed. When Gou entered the White House at the end of April, Hon Hai planned to engage in capital-intensive investment in the United States. This plan will include capital-intensive and skilled labour-intensive and high-tech investments.
Gou Ming stated in late January that if a panel factory is set up in the United States, major customers such as Apple are willing to invest, and the estimated investment in the US-based panel factory will exceed US$7 billion. In response to Gou’s recent visit to the White House, Hon Hai Group said recently that the group is discussing ongoing investment plans with U.S. federal and state government officials and expects to substantially increase the amount of U.S. investment in the United States. Hon Hai stated that it is grateful to the White House’s US Office of Innovation for its contribution to the promotion of related processes.
Hon Hai said that it is striving to find potential investment opportunities and is actively assessing conditions and possible locations for establishing manufacturing facilities in the United States. The official investment plan will be approved by the board of directors and all relevant government agencies after all consultations have been completed. Official announcement. Japan Nikkan Kogyo Shimbun reported recently that Hon Hai Investment’s Sharp plans to complete the investment and establishment of a stronghold in the United States by September. The report quoted Sharp's high-level speech as saying that it had already obtained proposals from six US states and that it has now narrowed its focus to one state, which is expected to be decided in the first half of fiscal year 2017.
It is reported that Sharp will form a project team on May 10 to investigate candidate sites. At the same time, Hon Hai Group also studied similar investment plans and did not rule out the possibility of establishing cooperation with Sharp in the United States.

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