Typical lib dem socialist hiding in a basement, showing your snarky, heartless side. Have you no sympathy? 
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Wait, are you referring to “folks with weird accents” the locals? Why would the locals piss themselves off?
Seriously though… is ANYONE really surprised at this outcome? Not trying to assign blame to any one party, but anyone who thought this would end well…
…was about to head in this direction haha
I was imagining a bunch of Foxconn R&D guys moving in pissing folks off (it was supposed to be R&D in the beginning, I believe).
Kind of like this:
I was trying to be funny/sarcastic… but yeah, just one of those multiple reasons why I thought… this is REALLY not going to end well
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I don’t get the claim that Foxconn did this for the subsidies. Does a $180 billion dollar a year company really need to engage in nickel-and-dime subterfuge? And do the subsidies even exceed the costs?
As a manufacturer who’s looked at relocating projects to the U.S. now and then I’d say what’s more likely is Terry Guo wanted to score points with the U.S. by re-locating manufacturing there but when he tallied up the increased costs and sourcing problems he saw there was no way to make it work.
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Yes he thought the subsidies would cover any costs with setting up the plant in the USA.
Huh? Subsidies were supposed to cover the entire cost of doing business in a high cost country with a hollowed out industrial sector?
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Two months later Foxconn executive Louis Woo told the local press there was another change: rather than manufacturing jobs, 90 percent of the roles would be researchers and engineers, a number that would mean Foxconn was creating a research campus in Southeastern Wisconsin three times the size of MIT. Woo said these researchers would be developing Foxconn’s “AI 8K+5G ecosystem,” something that, other than being a list of different technologies, has never been coherently explained.
AI 8K+5G ecosystem
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I worked in a Taiwanese high tech company back in the day that was bought by Foxconn. The management style I observed was ‘shoot first and get the facts later.’ That works in a place like China where you didn’t really need to do any feasibility studies before launching a business as the economic winds are at your back. It’s a different story in the U.S. though where the economic headwinds are stiff so it’s easy to lose money if you don’t get the facts first, something a gunslinger like Terry Guo apparently didn’t fully understand.
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I don’t see how Foxconn gets more attention then TSMC setting up in Arizona.
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Trump looking on admiringly from the sidelines .
‘Well played sir, well played’
You think Terry didn’t plan it like this all along?
This was all about getting the tariffs off their back and getting political support, heading off any blanket bans and keeping the apple gravy train running(I see you said the same thing later ).
It’s the very much minimal cost of doing business the Foxconn way . Sake as how most Taiwanese business people operate, PROMISE THE WORLD up front , GET YOUR DEPOSIT OR SIGNATURE on the contract, order a tonne of product but DELAY PAYMENT until you change the terms , hold you over a barrel or simply don’t do what you promised later. Same with working for them.
Standard. Operating . Procedure.
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It’s the integration of 5G and AI. I just read about it here.
The COVID-19 pandemic has accelerated the pace of digital transformation for the entire industry. Innovative fusion of 5G, AI and display technologies is now crucial for turning crisis into opportunity in the post-pandemic era
.
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In other words, Skynet…
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5G latency is so low that AI and IoT can now be used for many things in smart cities.