Foxconn Still Trying to Tap Dance Around Its Ever-Shrinking Wisconsin Promises

The state originally promised Taiwan-based Foxconn a $3 billion state subsidy if the company invested $10 billion in a Wisconsin LCD panel plant that created 13,000 jobs. Reports last fall detailed the ever-shrinking nature of the deal, highlighting how Foxconn was using nonsense to justify its failure to follow through, showing that while the company hadn’t built much of anything meaningful in the state, it was still routinely promising to deploy a “AI 8K+5G ecosystem” in the state to somehow make everything better. But according to locals in the state these supposed innovation centers are, you’ll perhaps be shocked to learn, still empty:

“One month after Yeung’s comments and promise of a correction, every innovation center in Wisconsin is still empty, according to public documents and sources involved with the innovation center process.

Source: www.techdirt.com