35 Burst results for "Foxconn"

 Automakers step up pace on electric vehicle battery plants

AP News Radio

00:42 sec | 7 months ago

Automakers step up pace on electric vehicle battery plants

"A flurry of announcements suggest automakers and tech companies are preparing for a fast moving transition to electric vehicles Toyota still Lantis Foxconn Ford and Volvo all made announcements Monday about electric vehicle component or assembly plants or plants to raise capital to fund the transition to electric vehicles the announcements come on top of plans from Ford and General Motors to build five battery factories in the United States Toyota said it plans to build a new battery factory the location wasn't announced but the company says it'll eventually employed more than seventeen hundred people only about four point eight percent of the roughly eighty million new vehicles sold around the world run solely on electricity according to LMC automotive but analysts predict that percentage will rise Jennifer

Toyota Ford Foxconn Volvo General Motors United States Lmc Automotive Jennifer
Vietnam's COVID-19 Outbreak Threatens to Disrupt Tech Supply Chain

Mac OS Ken

01:27 min | 1 year ago

Vietnam's COVID-19 Outbreak Threatens to Disrupt Tech Supply Chain

"Vietnam with serious about not letting code nineteen get a foothold in the country. Appear serious about stopping it. Now that it has i quoted reuters piece here yesterday that said after successfully containing the new coronavirus for most of last year be at phnom now an outbreak that is spreading more quickly. More than three thousand people have been infected and thirty of it sixty three cities and provinces since late april as those numbers go up the country is reaching out for help and those numbers are going up. A report from bloomberg says vietnam has reported more than four thousand local virus cases since the twenty seventh of april as the country has become a more important part of the tech supply chain. It's asking the companies for which it makes things to make covid. Nineteen vaccine available. According to the report. Vietnam is asking south. Korean electrics manufacturer samsung electronics and other foreign companies to find covid nineteen vaccines for their workers. As the nation grapples with a virus surprising surge apple suppliers foxconn and luck share both up plants in vietnam plans that have seen disruption to the recent rise in vietnam of covid nineteen. Well it would be crazy. If apple was not one of the company's petition for help securing vaccine samsung as the only company mentioned in that context specifically

Vietnam Phnom Reuters Bloomberg Samsung Electronics Apple Samsung
Foxconn, Wisconsin Reach New Deal on Scaled Back Facility

John Williams

00:25 sec | 1 year ago

Foxconn, Wisconsin Reach New Deal on Scaled Back Facility

"Technology Group, the world's largest electronics manufacturer, has reached a new deal with reduced tax breaks for its scale back project in southeast Wisconsin Governor Tony Evers and the company said that today. Details of the new deal were not immediately released. It was scheduled to be approved at a Tuesday meeting. Of the Wisconsin Economic Development Corp. The new deal will reduce the potential tax breaks by billions of dollars and still have potential tax breaks worth more than 10 million for Fox con

Technology Group Governor Tony Evers Wisconsin Economic Development Wisconsin FOX
Foxconn mulls making electric vehicles at Wisconsin plant

John Williams

00:33 sec | 1 year ago

Foxconn mulls making electric vehicles at Wisconsin plant

"Best known for making iPhones is now looking at the electric vehicle market. That name may ring a bell because of Fox Khan's plans to build a $10 billion display screen factory and employ 13,000 people in Southeast Wisconsin. Plans that fell apart as the political winds changed in Wisconsin cavity in the state are Now negotiating what's next? And Foxconn says it's dangling the possibility of building electric vehicles at that Wisconsin plant. Or in Mexico. Decision is going to be announced by the first of July.

Fox Khan Southeast Wisconsin Wisconsin Foxconn Mexico
Apple and Hyundai to jointly develop an electric car

Mac OS Ken

01:40 min | 1 year ago

Apple and Hyundai to jointly develop an electric car

"Hyundai's not sure it even wants to build a car for apple. A number of reports have indicated. That apple is partnering with hyundai. Either to work together on an apple car or for the automaker to build a car for the cupertino company now. Some inside the car maker or expressing misgivings. I say. it's gossip because they're no names. Tobacco the assertion rather a reuters report highlighted by apple insider has three anonymous exacts laying out reasons. They're not sure getting into bed. With the cupertino company. Is the best idea quoting one of the executives tech firms like google and apple. Want us to be like foxconn. Cooperation may initially help raise the brand image of hyundai or kia that is a hyundai subsidiary. But in the mid or longer term we will just provide shells for the cars and apple would do the brains quoting another exac. The hyundai motor group is concerned that the hyundai brand would become just apples contract manufacturer. Which would not help hyundai in its effort to build a more premium image with its genesis luxury sedan brand finally one exotic is quoted as saying we are agonizing over how to do it whether it is good to do it or not. We are not a company that manufacturers cars for others. it's not like working with apple would always produced great results. Apple is the boss. They do their marketing. They do their products they do. Their brand hyundai is also the boss. That does not really work.

Hyundai Apple Cupertino Hyundai Motor Group Foxconn Reuters KIA Google
Apple working on foldable iPhone, report says

Daily Tech News Show

00:51 sec | 1 year ago

Apple working on foldable iPhone, report says

"Well a new year might mean some new form factors for technology. Tom's guide passing along report from time when he's united daily news. That apple reportedly commissioned to prototype shells from foxconn for foldable displays. Now this is a very low reliability source also even if it's true it just means that apple commissioned some prototypes doesn't mean they're even going to do this but One would be a book like design like the surface duo and the other a more standard smartphone designed that would fold in half kinda like the motorola razor or or the the samsung foldable phone december. Thirty first apple patent filing also shows a device that folds both in and out kind of a combination of the galaxy z flip and the wall way made x. So yeah there could be something in the works. I'm sure it'll be a long time if and when we ever see. But that's interesting to

United Daily News Apple Foxconn TOM Motorola Samsung
Is there going to be a foldable iPhone?

The WAN Show Podcast

05:13 min | 1 year ago

Is there going to be a foldable iPhone?

"Two iphone. Prototypes allegedly allegedly passing internal durability tests at apple. This is pretty exciting. So this is according to taiwanese website economic daily news and according to them tests of an apple designed folding hinge system for two different. Iphones were reportedly recently completed at the foxconn factory in shenzhen china. Would do you think that would mean if it's two different iphones. Do you think that would mean the high end low end of their entire next launch. No i think that would be two different sizes of probably a completely new utterly unique skill. interesting okay and that would be something that even even two years ago. I probably wouldn't have predicted. But if you look at apple's friend over the last three to five years i mean. Do you remember when the iphone was the iphone and apple silly branding where they don't call it an iphone or the iphone. They just call it iphone. You remember when that actually made sense because there was only one iphone. Well that's been dead forever like her lineup. Let's let's pull this up. Let's let's pull this up ladies and gentlemen apple. The apple dot com. Okay wait yes. It was something i was going to screen share. Okay where is it if it was the shroud thing okay. It doesn't matter the point. Is those pull up. Apple dot com so under iphone. You've got iphone. Twelve pro two different sizes iphone twelve two different sizes iphone se. I eleven iphone. Ten are and then you've got this this compare feature so you've gotta you've gotta compare feature because there's so many iphones you need a feature specifically to figure out which how much iphone is enough for you and be clear. I'm not saying that it's a terrible idea or anything to have you know of lots of iphones available for your customers. I'm just saying that. That wasn't apples. Traditional approach with the iphone. The idea was that when you bought an iphone you were getting this this curated this validated experience way. It was something to do with the model y video. I think it doesn't matter over. I'm over it so what's happening. Then is that from lake from whether it's from a developer perspective or a user perspective. The iphone is changing. Currently you can get iphones with all kinds of different sizes all kinds of different capabilities. I mean it wasn't that long ago that you could still get actually no. You can still get an iphone with a touch touch. Id home button like that is. That is a fundamentally very different experience compared to the current paradigm which is motion and excuse me motion. Just your control and using face. Id so two. Three years ago. I would have said no. There's no way that apple that if there's that if there's no way they're going to bring out like a completely separate model of folding iphone now i'm looking at it going. There's no way that they don't because apple if anything has shown themselves to be extremely conservative about forcing their users to change unless they've offered a compelling upgrade option so for example the iphone se still kicking around for people who want touch id and who want a physical button iphone. Twelve mini is something that they finally brought out to address the need free from users for a smaller one. Hannibal iphone and they're very tactical about the way that they do these things they will. They will wait three to four years which they know is a reasonable upgrade cycle for like a non enthusiast. And then they'll go okay. Have we managed to get these guys to upgrade. No all right okay all right. Let's do it. Let's do it. Let's let's continue. Let's continue to support this segment of our customer base. So there's no way that they're just going to bring in a folding iphone and replace the iphone pro. I i don't. I don't buy it but then again i would have also said there's no way they're just going to completely remove touch. Id and say okay. It has to face idea you want high end. You wanna new iphone iphone. That's it you're done. You're out so i kind of talked myself out of it. Maybe maybe the iphone folding iphone fold or whatever they end up calling definitely won't call it that because galaxy full got to come up with a new name. So maybe yeah. Maybe the i fold will replace high end but i i don't know man. It was a yeah. I'm kind of on each side because they don't normally introduce a feature this big without making a sweeping change but they have also been trending in the direction of more phones and more large feature differences between the phone. So i could see them going in either direction.

Apple Foxconn Factory Shenzhen China
Apple plans self-driving car 'in 2024 with next-level battery technology

Mac OS Ken

04:24 min | 1 year ago

Apple plans self-driving car 'in 2024 with next-level battery technology

"And now bad poetry towards the week of christmas. Two thousand nine. The nine decided to take some time lazy and slow. The holidays would go as i wrap presence and schlep them to and fro then all of a sudden in my newsfeed there came. Talk of a mac tablet netbook thing ee ipad. It's eventual name and plans for a lazy holiday. Were shot back to my mac in the news feed. I got and now. I am having flashbacks. My friend running out of rhyme. So that is the end. I call that poem apple car. I won't say and planned to coast this week. But i had planned the coast this week. Then reuters ruined everything. Okay not really. This won't be like the ipad year still within an hour of the story. Breaking that apple plans to roll out a car by twenty twenty four. I had received four really excited emails from listeners. None of which. Saying explicitly widely. We're really excited. Writers says we should be excited about the battery. Actually hold on. Apple insider highlights reuters report. That says we shouldn't be excited about the battery. I'm working from the apple insider piece. Here's what they we know. Apple is working on a passenger car. The battery is going to be amazing. Issues related to covid nineteen may push production and the twenty twenty five and apple may change its mind about producing its own car and develop self-driving systems for other car makers instead now even there there are some nuance according to apple insider. It's still unclear. How apple would physically produce the apple car. It's likely that the company will tap a third party manufacturing partner to build out the vehicles. It honestly really sounds like who they talked to was a battery nerd. According to reuters sources according to apple insider the center of apple's or strategy is a new battery design that could radically cuts battery costs. Increase the range of the apple car. The battery will be based on a mono cell design that would allow engineers to bulk up the individual cells in the battery and free up space within a battery pack. That design would mean more active material. Which could result in a longer rate. Now as of this writing only heard of one firm responding to the latest apple car talk and the respondent wasn't even the analyst that follows apple philip elmer dewitt samples three dot o. Ran part of a note from morgan stanley analyst. Adam jonas jonas has had a morgan. Stanley's auto and space research. According to the site after a short. Recap of the story. Without poetry i might add. Jonas offered six points in reaction. One it has long been the auto and tech hardware team's collective working assumption. That apple will one day design engineer. A car to possess is the key ingredients that we believe are critical to be successful in the future. Auto industry three from tesla perspective. We have long felt that tech players like apple working with manufacturing partners such as foxconn represent far more formidable competition than established legacy. Oem's for large tech firms want access to the auto industry due to its large title addressable market size as well as the enormous amount of time spent in cars five from our apple team they see project titan term project where similar to other markets like mobile and wearables apple can disrupt through vertical immigration and six the electric vehicle arms race is still in the early stages and the battery. Technology is not mature. You're not mature morgan. Stanley has an overweight rating on apple shares. The firm's price target on the shares is one hundred forty four gross

Apple Reuters Philip Elmer Dewitt Adam Jonas Jonas Morgan Stanley Morgan Jonas Foxconn Tesla OEM Stanley
Contradicting Headlines About Apple Airpods

Mac OS Ken

03:59 min | 1 year ago

Contradicting Headlines About Apple Airpods

"A tale of two headlines. One has teeth international analyst ming quo indicating apple's major product lines joy healthy demand in the fourth. Quarter but airpods shipments are muted. That is contradicted by another headline that has wedbush analyst. Daniel ives indicating. Strong holiday. Demand for airpods could continue into twenty twenty one. The funny part one of those headlines is from apple insider while the other is from apple insider in fairness apple insider not saying either rather saying that analysts are saying both starting with young. Mc that post has closing stronger-than-expected demand for iphone twelve pro and iphone twelve pro max. Similarly demand is beating expectations for ipad. Air apple watch series. Six apple watch as e and the m one macbooks but airpods while i was going to jokingly say airpods are sucking wind. That doesn't quite sound right. Indications are muddled quoting that part despite the strong performance for apple's core product lines airpods is exhibiting softness quote predictions to remain flat or declined by between five percent to ten percent year on year and the first half of twenty twenty one the analyst blames upstream supply constraints and an overeager market that anticipated stronger. Sales numbers after apple announced plans to stop giving away earpods muddled right. There's not enough supply and people don't want them as much as we thought. Anyway that's young. mc's take her ives. That post has the head of apple's pep squad financial division seeing bigger and better for the super stoppers. The way he sees it apple could sell as many as eighteen million pairs of airpods in december. A total of ninety million pairs and twenty twenty and as many as one hundred fifteen million pairs in twenty twenty. One quoting his note. This product category continues to speak to the unparalleled flywheel. That cook and cupertino hab with nine hundred fifty million iphones worldwide under its belt and one point four billion active devices to tap into worldwide and thus further monetize through products and services as we continue to see with apple watch as well that was also one sentence is disagree on demand. There's one point on which they do agree. They both see new airpods coming in the second quarter of twenty twenty one quote arrived late in the june quarter so june. Apparently i on the other hand expects the new airpods in april. Or may mr. Ives has a buy rating on apple shares. His price target on the shares is one hundred fifty bucks designed by apple in california made in vietnam may soon be a thing for more apple stuff. Tech crunch says foxconn may be moving some macbook an ipad production from china to vietnam at apple's request the peace sites a reuters report indicating that apple as that some assembly for the two devices be moved to vietnam specifically certainly getting more production out of china has been a pressing issue for apple. Thanks in part of the trump administration's war with china additionally the eruption of covid nineteen showed the folly of having too many eggs in one manufacturing basket according to reuters according to crunch apple ass. Foxconn to move. I pat and macbook assembly to vietnam assembly. Line should be operating at some point during the first half of twenty twenty one

Apple Wedbush Daniel Ives Vietnam Foxconn Ives China Trump Administration Reuters California Vietnam Assembly
Foxconn could move some iPad and MacBook production to Vietnam

Daily Tech News Show

00:27 sec | 1 year ago

Foxconn could move some iPad and MacBook production to Vietnam

"Raider sources say fox kinda shifting some ipad macbook assembly from china vietnam. A new factory for the production is being built in the country's northeastern province with plans to open in the first half of two twenty one. The move is an attempt to diversify production away from china in light of the ongoing trade tensions with the us. Although it's unclear how much production the new facility will take on. Reuters previously reported that foxconn committed to investing one billion dollars to expand iphone production in india

China FOX Vietnam Reuters Foxconn United States India
"foxconn" Discussed on WORT 89.9 FM

WORT 89.9 FM

04:04 min | 1 year ago

"foxconn" Discussed on WORT 89.9 FM

"Partnerships with local companies, then the purchase of buildings and far corners of the state dub innovation centers and above him. You've looked into this. The innovation centers became empty shells as well or I had tons of Suze of people just sitting around doing nothing so that they could be counted in the employment rolls. The summer of 2018 sort of from the ground, breaking up toe into the fall in the election, there's a sort of flurry of grand promises from Foxconn even as it had scaled back its factory. It announced these innovation centers. It was always a little bit unclear what they were supposed to be in the gift to the University of Wisconsin Madison in various other partnerships and promises. Uh, it's um, rendering videos of this futuristic campus. It was going to build. Ah, none of this ended up Working out the innovation centers. I found the plan had been To turn them into. We work inspired coworking spaces, which fared about as well as you would expect that we work inspired planned affair. So Already and you know it. Of course support for this in boosterism. Um, you know, optimism, at least for this big project in the southeast corner of the state was not just being pushed by Republicans. There's this whole business with the the former legislator Coronation. Now the mayor of uh of Racine. Flask on promised re seen what he called what they called Smart Cities. Readiness Challenge 2019 of Smart City pitch on. It also sucked a lot of people. Yeah, So the smart city is along with the innovation centers. One of a Siri's of grand promises made that then fizzled largely because ah Other element of Franklin did not want to invest in these initiatives. The city projects. Ah, there's supposed to be a partnership with the city. Gascon was going to Provide technology for various programs, including a self driving car. Ah, system that was goingto move people around the city and smells of arsons campus. There was talk of autonomous vehicles that would do patrol Ah troll neighborhoods for law enforcement. Various other Things like that. Uh and Racine actually won a competition for smart cities. Ah, Based in part on the talks that they had had with Foxconn. But then when it came time to actually implement this plan Foxconn stall didn't provide technology of funding and eventually indefinitely postponed the project. The company only got as far as buying some golf carts that then had no use for him. Sat in storage and it's multipurpose building. You're listening to job. Josh Jesu and Lawrence Stebic, a both journalists that had been following the fax Khan story for some time. We're at half past the hour just past the half hour if you want to join in the conversation here with a question or comment for two Yes, they give us a call. At 608 to 56 2001 Extension nine. Will can I jump in for seconds and Lawrence, please?.

Foxconn Racine Smart City Gascon Lawrence Stebic University of Wisconsin Madiso Josh Jesu boosterism Siri arsons Khan Franklin
Profit Margin Tensions Souring Relationship Between Apple and Foxconn

Daily Tech News Show

01:02 min | 1 year ago

Profit Margin Tensions Souring Relationship Between Apple and Foxconn

"The information sources say that Foxconn has been telling apple that hired more workers for project than it actually has using apple owned factory equipment to make products for rivals and cutting corners, component and product testing. Some of the more than two dozen sources also said that apple has increased monitoring a foxconn employees and equipment as a result of this. The sources say that since Tim Cook took over at Apple, it's put pressure on Foxconn to reduce costs to apple this pressure on Fox cons margin is thought to. Be The reason for the corner cutting Foxconn is tried selling equipment for manufacturing and component testing to other manufacturers to little success. Reportedly, it also developed its own Polish for iphone screens rather than buying it from a Japanese company and in a specific example of corner cut foxconn allegedly decided not to disassemble rejected iphone sevens but instead opened them removed the debris and then resealed them to avoid wasting materials. Apple wasn't informed this deviation from protocol.

Foxconn Apple Tim Cook FOX
Wisconsin says Foxconn's scaled-back factory won't get tax credits

America's Morning News

00:36 sec | 1 year ago

Wisconsin says Foxconn's scaled-back factory won't get tax credits

"In Wisconsin has told Foxconn Technology Group that it won't qualify for billions of dollars in state tax credits unless it strikes a new deal for a scale back factory complex. State officials have told Taiwan based Fox Constance last year that it wouldn't qualify for the tax credits without revisions to the 2017 contract, given that the scope of the envisioned factory has been reduced. President Trump Herald of the original idea As a deal, I should say, is a sign of revitalized American manufacturing. The letter sent Monday from the state to Foxconn set this new factory can't get state tax credits unless the original contract is

Foxconn Technology Group President Trump Herald Fox Constance Wisconsin Taiwan
Latest News - Surveillance Technology Oversight Project

Marketplace Tech with Molly Wood

05:29 min | 1 year ago

Latest News - Surveillance Technology Oversight Project

"Monday. This fall we're taking a look at education and technology during the pandemic. We've mostly talked about remote school today we're GonNa talk about how schools and districts are using tech to try to monitor students health in the classroom. Even before the pandemic, some schools had used things like facial recognition to monitor students. Now, they're adding qr codes, thermal cameras, and spending potentially hundreds of millions of dollars in the process Albert Foxconn is the. Executive, Director of the nonprofit surveillance technology oversight project and he is skeptical yet. It's really like a bad episode of Black Mirror. We see students being tracked with everything from Bluetooth proximity technology to WI FI based systems. We see facial recognition being used as a covid response. We also see thermal imaging and these technologies are all invasive their hall expensive. But what they don't have is evidence that they actually work in this sort of categories. Of things that you mentioned, how useful are they I mean basically, most of these technologies have about as much evidence behind them as their nose had. So let's take. For example, the wide area thermal imaging. We all know that holding an infrared thermometer close to someone can give you a fairly accurate temperature reading, but it's completely different when you're trying to use a single camera to take the temperature of everyone in a single room and. You're using facial recognition to try to find where people's faces are because when you're using these sorts of systems you have to use artificial intelligence. So even knows where the person is in the photo, and then to use that to try to identify who has a fever and none of this technology has been approved by the FDA none of it's been overseen by regulators, and all of it is being rolled out without that sort of vision. Do, we also have a sense of how much money schools and by extension tax payers in many cases are spending on. This kind of technology will according to dragonfly a military drone creator turned a covid health detection company. They claim that next year, the thermal imaging marketplace's going to double in size to five point six, billion dollars worldwide, and really we have no idea how much money has already been spent by local school boards and you individual school districts all across the country. I understand a lot of tech companies that are now selling this technology did used to work in security surveillance and just kind of switched over yet. When you sell surveillance hammers, you know every issue you see is a nail that needs even more tracking even more invasive technology. See companies that were marketing their as a way to prevent school shootings. There is no evidence that actually work but they got lots of school districts to buy these tracking systems claiming that it would help first responders deal with these heartbreaking mass shootings but as soon as kofoed was in the news and they saw that school districts were more interested in spending money on public health and on mass shootings, they suddenly started selling the exact same technology to try. To prevent the spread of covid nineteen, they are not looking for a solution I'm building tech in response they have technology and they're trying to find ways to make us believe that it's the solution to our problems, and then how about the data that's being collected by this equipment I mean, we know that kids already have fewer rights probably in school than they would elsewhere are there any laws that keep the data that's collected by this equipment from being shared? Contact tracing privacy is really in a dangerous state today. Currently, there's almost no protection against law enforcement or even ice coming in and getting this sort of contact tracing data federal law doesn't really apply most state laws don't apply, and that's why we've been fighting here in New York to pass legislation that would actually say that police can't weaponize information and make it another part of the school to prison pipeline. But unfortunately, even months after the bills were passed, we're still waiting on governor Andrew Cuomo to actually sign them into law. You know in a weird way it seems like schools are in this position. Obviously, these companies see a business opportunity schools are in this position because of in some ways, a lack of alternative right? Like have they been put in a position where they sort of have to implement some kind of health security theater because otherwise they feel that there's no alternative to make parents feel safe about sending kids back to school. My heart goes out to the school officials who are trying to pick between impossible options you have obviously. Problems with online education and you know with the restart of in person instruction, you have such a potent threat to public health, and so I think they're grasping at anything that will give them. You know some sense of safety in part because they genuinely want to keep their kids safe and in part because the amount of litigation will see after this crisis is over is really going to be unprecedented I. Mean we're going to see so many Americans who get sick some who die who then are you know rightfully enraged that is made by school officials put them at Risk Albert Foxconn is the Executive Director of the nonprofit surveillance technology oversight project.

Albert Foxconn Risk Albert Foxconn Black Mirror Andrew Cuomo Wi Fi Fever Executive Executive Director Kofoed FDA Director New York
Apple to produce millions of AirPods in Vietnam amid pandemic

Mac OS Ken

01:38 min | 1 year ago

Apple to produce millions of AirPods in Vietnam amid pandemic

"More of apple supply chain may be leaving the Middle Kingdom. Apple insider says Peggy Tron. One of the Cupertino companies manufacturing partners is looking to build in Vietnam in a pretty big way. Like one billion dollars beg. Looking to target computing communication and consumer electronics. Plan, involves three phases. The first is a relatively small nineteen, million dollar initiative followed by four, hundred, eighty, one, million, dollar second-phase and five hundred, million dollars for a third phase all set to wrap up by twenty, twenty seven. Insider says Petron is the fourth of apple's manufacturing partners to make the move to Vietnam. Foxconn. And Tag all have manufacturing setup there. It's worth noting that while the apple manufacturer will be going to be at. Phnom. Petron won't necessarily be, making, anything for apple in Vietnam. That said the piece points out that apple has been encouraging suppliers to move production out of China to avoid costly tariffs. Apple's online store went live on the subcontinent today tech crunch says for the first time in more than twenty years since apple began its operations in India, the iphone maker has started selling its products directly to consumers in the world's second largest smartphone market. I don't WANNA get too far ahead of things but moves like this. Could make apple a profitable company?

Apple Vietnam Petron Peggy Tron Foxconn Cupertino Middle Kingdom India China
Tipping the Waiter at the TikTok Table; Howard Schultz: This is a five-star emergency

Squawk Pod

07:33 min | 1 year ago

Tipping the Waiter at the TikTok Table; Howard Schultz: This is a five-star emergency

"Up on today's podcast tech and the platform that's finally got adults talking tick tock tech stocks have been on a tear salesforce Microsoft and facebook all hit record highs this week. But leading the charge apple last Friday I will lead over ten percent in one day yesterday the stock closed at an all time high and now apple is just a few percentage points away from hitting a two trillion dollars market cap the golden number to get it there four, hundred, sixty, seven dollars and seventy seven cents a share. And it looks like apple wine this milestone before it's order one stock split goes into effect at the end of this month. The other companies in the headlines? This Week tiktok beloved by teems commonly misunderstood adults, and now a chesapeake in international business and diplomacy. Here's injury Ross Mark and we've been talking TIKTOK and Microsoft and all of what's happening in Washington. Eunice Yoon reporting now that it's not just Microsoft but to other tech firms that are in talks with Tik Tok owner by dance over a possible sale in president trump said yesterday, he was ready to approve a purchase of the US operations tiktok. But then he said the only woman to do it if the government receives a lot of money in exchange listen to this. Microsoft or somebody else who was the Chinese? What what the price is the United States could should get a very large percentage of that price because we're making it possible without us you know I use the expression it's like the landlord and the tenant. And without the lease the tenant doesn't have the value what we're sort of in a certain way the lease we make it possible to have this great success, tick toxic tremendous success, but a big portion of its in this country. Sale? Yeah. Whatever the number is, would it would come from the civil on Wall Street banker problems. By the way they call that tipping the waiter, but I don't think we've ever tipped the government for transaction president trump said he told Microsoft's CEO that a very substantial portion of the price is going to have to come into the treasury of the United States because quote or making it possible for this deal to happen I was on the phone by the way with. The people involved in this transaction deal teams on all sides who heard that yesterday. Couldn't really even make. Heads or tails of what the president was saying how. Would you hey the government what would that look like could there be a formulation where ultimately you come to some kind of transactional agreement and then you announce that you're making some kind of infrastructure investment in the in the United States who you're going to create some kind of jobs I'm literally, this is the conversation that's happening inside the room among these companies. If we created some companies without yesterday we got to it. It's what did you say? I. Heard it reported yesterday when I first started reporter yesterday I thought he's just saying this stuff off the cuff he doesn't really mean it. Then I saw what he actually said I thought wow, he does mean it. I don't even know how you could possibly as somebody WHO's working on this deal come up with anything that makes any sense and Steve Ballmer Steve Balmer was with us yesterday and said as a shareholder as the top shareholder Microsoft he would love to see this deal get done at the right price. Gets an exciting proposition for Microsoft. obviously depends on the price. Price is important as well as whatever restrictions come from a government perspective but I think it's an exciting avenue for Microsoft to really increase its consumer base. I don't know how you figure out any sort of pricing right pricing when you have to then go in and add some significant number on top that you'd be paying to the US Treasury. Well, what are they? Going to happen is because this is a bit of evaluation game. And I hate to say, we're going to be using trump valuation but I think that what's going to happen is they're going to effectively. Create a higher valuation for the overall business. Then kind of create something where they can say we're giving you something and that bite dance is giving it. That's the other important part of the view at least from what I understand Turnley among these groups is that the money has to come out of China not out of a US company. So you're going to have to make it appear whatever that whatever it is that you're giving to appear that China's not getting part of that's because Peter Navarro and others don't frankly want US money. Ten twenty thirty billion forty billion dollars ending up in the hands of China for the. So there's so many sort of China. has already weighed in. On this today that China has weighed in on this today through some of the states that media where they are saying that you know the US is basically stealing us and trying to do take off with this that it's a rogue nation now at this point. So the idea that you are going to come up with something that satisfies the trump administration and at the same time satisfies the communist government in China Good luck with that I mean this is they're going to get caught in between the two the two with this because even though China may not. Necessarily, be looking for some of the same angles. It's not going to say, okay, it's okay for the US to come out looking like this and stealing our company and don't worry about it. CEO of Tiktok you know or bite dance don't worry about it. We'll live with that sort of a kind of a slap in the face. To all this stuff we're talking about it. Sorry Andrew it. It overshadows the the lead of the story right and that's that there are possibly other suitors for the US. Of tiktok, we we we talked yesterday Andrew about well, maybe media companies would be interested in this property. Now, you know the the wording here that that we use her that Eunice was reporting was other tech offense, which which makes it even more interesting and who these other tech companies. May Be an at. Are they based in the US or are they elsewhere? It would be very I. I would imagine it would be very hard for Google or Amazon or an apple etc to try to buy this company given the anti-trust pressures on them, I. Think my understanding was that the White House preferred that liked the Microsoft choice from a regulatory perspective. So it's all very interesting by the way the other piece of this is the part I. Really don't understand if you're apple today, you know we're talking about this two trillion dollars market cap that keeps going up and up and up. Given. Given. The China risks now now, maybe look they foxconn supplying hundreds of thousands of people if not more than are making these phone so maybe they can't just say to Tim. Cook. Good luck to you but I would think there would be risk if we do this to a Tiktok what kind of a backlash reciprocal. Backlash is China going to have for some US companies doing business there? That's the part I don't understand say knock built into any of the. It it's it's no different than the same conversations we were having during the depths of the trade war. Right? We had these same conversations. We push too hard if the tariffs are to punitive companies are companies like apple, the ones that are going to face the pushback or the retaliation in some way and I think it's fair to say that that that never really came back to these two tech companies I mean, she didn't say where those tech companies were based and and I wonder what the US would do that if if it was being pursued by a company, another technology company based in China but not based in the United States either how would Sylvia's see something like that and would they still threaten to turn off the the APP in the United States if it was not a US company?

United States Microsoft China Apple Tiktok Us Treasury Eunice Yoon Donald Trump President Trump CEO Ross Mark Facebook Steve Balmer Washington Peter Navarro Communist Government Reporter Microsoft. Turnley
My Dog's Name is Two-Factor - DTNS 3816 - burst 1

Daily Tech News Show

00:34 sec | 2 years ago

My Dog's Name is Two-Factor - DTNS 3816 - burst 1

"On Friday foxconn announced customs clearance procedures in India had been resolved and shipments stuck at the border now passed through last week. Reuters reported over one hundred fifty foxconn shipments were being held in the port of tonigh- due to heightened customs checks tencent launched light speed L. A. Triple a game development studio in Los Angeles light speed. We'll be led by Steve. Martin, who was the studio manager for Rockstar Games since two thousand eleven. The search engine duck duck go announced that ISP's in India were blocking the service through DNS servers starting on July first users were still able to access the

Foxconn India Reuters Los Angeles Martin Tencent Steve Tonigh
Apple Launches New iPhone SE

WSJ Tech News Briefing

05:16 min | 2 years ago

Apple Launches New iPhone SE

"We weren't sure they were going to do it but they did on. Wednesday apple launched. Its latest IPHONE. Model the IPHONE S. E. by a press release much less glamorous than the flashy showcases. We've gotten used to and so is the phone the S. E. Marks Shift in Apple Strategy and our apple report trickle joins us to explain trip. Thanks for being here. They drive me all right. So tell me about the new quote unquote new features of the iphone as e you when you think about apple's product development timeline. They started these things so long ago before they're released but this is kind of a case of don't let the perfect be the enemy of the good if you think about it. This is a phone. That's that looks a lot like older phones that that has some of the technologies. We're familiar with with their older phones. For example fingerprint sensors and and not face ide- but features a low price of three ninety nine and right now. A lot of people are losing their jobs. Lower Price. Hyphen may be a good move for the company. Yeah I mean three ninety nine. It's still a lot of money like let's be clear but it's still a lot less than recent models. This isn't a pandemic move. You're saying this was already part of a longterm strategy. These phones are usually more than a year in development so the timing just happens to be coincidentally beneficial in the sense that we're in the middle of a recession and now apple has kind of a recession model phone. That just happened to be timed right for the moment. You said it has a touch. Id So we're back to the home button right. I guess yeah I guess you could say we're back in the future if you will right. It's an interesting phone and apple's done this once before they launched. What was an older looking phone with? Older technologies in two thousand sixteen. That phone was also called the IPHONE. Se and what they're able to do is they're able to take components that have been around for a while and machinery. They've been using for years them because they've had that machinery for a while. It doesn't cost them as much to make these phone so they can still have good apple profit margins. But you know not maybe you know the type of sizzle worry. We're used to from the company when it comes to technology and the feature specs. There are a couple of drawbacks with the phone. The other phone that we've been kind of waiting for from Apple. This year is the five G. This obviously is not that end of the spectrum. And it's still even with its lower tag. It's still more expensive than some of the average phones in the markets. That apple is trying to get into like India for example. So how could that have an impact on how well received? This phone is at the end of the day. Yeah absolutely I mean. I think that's going to be the big challenge for this phone. Is that Apple? Apple hopes that it can begin to build some market share and some some developing markets India. I mean that's a big growth market for the smartphone world right now. China is pretty much tapped and not part of the reason. We've seen apple's total number of shipments and its sales of smartphones in terms of unit sales decrease in order to reverse that they've gotta find a market like India and sell these funds. Problem with the is that it's still more than double the price of the average smartphone in India. So how many people are going to buy. It is to be determined. And then the other thing that it's got to contend with is they're going to be low cost five defines coming out in the months ahead from Chinese smartphone makers and the infrastructure may not be there on five G. We still don't know about that but there is a lot of marketing sizzle when you talk about five. G. It's a selling point. And so the allure of a phone. That may be speedier. That has five g technology and maybe a little bit faster might might make it harder for apple to sell these iphone. Essy's that don't have that technology and we talked about it already. Apple had some plans to release new. Iphones this fall. Do we expect those to still be on schedule? Given everything we're seeing right now with a pandemic that's like the the multi-billion world of Apple Right. It's like well. We'll products be delivered on time and that's really like everything's so uncertain right now. We do know that. Foxconn largest contract manufacturer has the production has returned to seasonal levels. But the way that apple rolls out and develop since phones is it really beginning stages and those stages began right in the middle of the corona virus outbreak and win those. Those factories really shut down in February. So it's an open question as to whether or not ABBA can make up for lost time and get these phones out in the fall in September when it usually does many analysts are already expecting the company to be at least a month late if not more all right. Reporter trip mickle. Thanks so much for joining us. I'm

Apple India Lower Price Foxconn Product Development China Essy Reporter
Apple to reopen some stores in Beijing on February 14

Daily Tech News Show

00:26 sec | 2 years ago

Apple to reopen some stores in Beijing on February 14

"Foxconn told the Taipei Stock Exchange that reports by Reuters that it would be back to eighty percent capacity in mainland China by March. We're not factual. Meanwhile Nikkei Asian reviews a source said that it will take one to two months for Foxconn to resume manufacturing in a related note. Apple will reopen five stores in Beijing. Friday February fourteenth with reduced hours apple stores in Shanghai Shinzan remained

Foxconn Apple Shanghai Shinzan Taipei Stock Exchange Reuters Beijing China
"foxconn" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:16 min | 2 years ago

"foxconn" Discussed on Bloomberg Radio New York

"Hon hai precision industry apples mean iPhone production partner also known as Foxconn said its factories worldwide are coordinating with authorities in trying to stem the spread of the corona virus and don't have a timetable for resuming production the company said operating schedules will be arranged according to local governments requirements Foxconn had asked employees at its facility in shin saying not to return to work when the extended lunar new year break ins on Monday that according to a memo seen by Bloomberg news

Financial Times Bloomberg world assault Bloomberg Mexico Africa Middle East Asia co founder Kobe Bryant Denise Pellegrini Travis Kalanick China Emirates NBD chief economist Tim fox Foxconn partner Susanna Palmer
"foxconn" Discussed on News Talk 1130 WISN

News Talk 1130 WISN

13:19 min | 3 years ago

"foxconn" Discussed on News Talk 1130 WISN

"Yes. The governor saying in as many words that he is in over his head proving each and every day he is in office, and the most recent controversy combs in a letter that he essentially wrote to the people of Wisconsin. But essentially it was to Dr Louis. Woo. The specialist system to the chairman and CEO of Foxconn saying, hey, remember back in March when we met, and you said you wanted to renegotiate the Foxconn deal Wint, wink, wink, nudge, nudge, hint hint. Remember, it was you. It wasn't me. It was you. Remember that? Remember, how everybody is now saying I wanted to renegotiate the Foxconn deal because I've been saying for the past week I want to renegotiate the Foxconn deal. But remember when you said you want to renegotiate the Foxconn deal. Here's the letter in its entirety. Dr. Woo. I hope the year is off to a good start for you personally. Professionally I enjoyed our March meeting and look forward to continuing to build on the positive dialogue and relationships that have emerged since the start of my administration. I understand that you will be traveling to Wisconsin again soon, and I look forward to getting together while you are here to share information date on recent developments while I know you have regular communication with my administration. We both recognize the importance of continuing conversations in person whenever possible that I look forward to meeting with you during your upcoming visit here's the money line. Because of recent media reports I also wanna clarify aspects of the conversation from our March meeting at that meeting. You indicated that FOX on intends to suggest several changes to the existing agreement to better align the terms with the evolving project, global marketplace to my knowledge, this was the first time, either Foxconn or the state of Wisconsin at mentioned amending or changing the agreements approved in twenty seventeen. I am also aware that you updated assembly speaker, Robin Voss Senate majority leader, Scott FitzGerald later that same day an outline for them your intention to suggest changes to the agreement with the state of Wisconsin in twenty nine teen. It is my understanding that Foxconn we'll be submitting the necessary documentation for proposing changes to the W E D C agreement in the coming weeks as we have discussed with Foxconn representatives. The state is identifying areas we believe will enable greater flexibility and transparency as the project continues to evolve. And then there are some boilerplate language about protecting Wisconsin tax payers, but this is the first time after a week of criticism that governor Everts to for suggesting last week that the Foxconn deal would be changed that he is said that oh, by the way more than a month ago, I met with Louis Wu, and he was the one who suggested these changes were just learning about this. Now. This was what started the controversy? It was an impromptu press conference in the governor's office midway through last week. The deal was struck is no longer in play. And so we we will be working with individuals of Foxconn course, W C to figure out how. New set of parameters I should be negotiated in. Is the contract. Okay. Talk a bit about what might be the table there. It's premature to say that put reality. The present contract deals of situation that don't longer exists. So make sure that the taxpayers are protected. Environmental standards are are protected, and we believe that we need to take a look at that contract. And see if it needs to be down sites as a result. We will be looking at that contract. And see if it needs to be downsized as well at no point in that forty seven second answer. And at no point in any of the follow up questions did governor ever say that FOX had suggested, hey, we might need to downsize therefore, we might need to lower the standards for getting tax incentives. We might need to change the deal in some way. There was no point at which ever said that he then appeared on W K O W TV in Madison. It's capital city Sunday show with host, Emily fannin. The very first question. She asked him. Recently announced that you would like to renegotiate the deal with Foxconn. Those statements came on Wednesday. Have you reached out to Foxconn they reached out to you? And have you talked to weed ick, Wisconsin, economic Development Corporation, Marc HOGAN, C L who obviously form this entire deal to begin with and myself personally. But I know our chief of staff and secretary of administration talked to kogo, and our we have a person right at the department of ministry of some contact with Foxconn directly. So it's not necessarily. This is something know, we we Foxconn have talked about over time. Clearly, they changed their direction. We've always thought about what what what the deal would look like with the new plans that they have been so yes, I test fate that we'll be looking possibility to negotiate together there there. It isn't a I it's it's Foxconn we'd at our administration trying to work together as we have tried to work together since we started nowhere in that long rambling answer. Did he say FOX cons specialist in to Terry? Go louis. Woo. Suggested that we need to renegotiate the contract. This meeting supposedly happened just a month ago. Are we to believe that he just forgot about it and to our credit, Emily fannin asked probing, follow up questions that would have allowed Evert to say, you know, what Foxconn is not reneging on its commitment to thirteen thousand jobs, but changing global business climate conditions mean that it's probably going to be difficult at no point during this interview. Did he say a thing about Foxconn approaching his administration and meeting with Louis? Woo. And Liu telling him that he needs to change the con- campaign trail, you critique too little bit about the Foxconn deals you said in early weeks after you were sworn into office that you would abide by it. So why this change of heart? It's not a change of heart on my part. It's change of heart. Change view point that talks kind of weird that can this administration. You know, FOX business to have not have a generation type plant that they have planned on they feel that they can do better with their resources have something smaller. And so there's no change of heart or even just working with them following their lead on on their business plan. Once again, he's given the opportunity to say deed, you talk with Louis Wu did Foxconn itself request the changes to the contract. He could have said it. He didn't why not. But it was a question from fannin about GOP criticism of governor. Either is saying that he wanted to renegotiate the deal that really gives up the lie that either is is engaged in in writing this letter to woo leadership quickly. Critiqued your decision to do the center for Cheryl believes this renegotiate new renegotiation will send the wrong message to future businesses and companies coming to -sconsin huffing and puffing on this issue is not particularly productive. We are working directly with FOX. This isn't this isn't Evert imposition on Foxconn. This is a Foxconn. Redick Iverson ministration looking at what's best for for for that company, and for the state of Wisconsin. So you know to try to pit me against Foxconn. That's ridiculous. Because there's no kidding. Wouldn't it be easy to rebut GOP criticism? Him by saying, hey, we're working with Foxconn Foxconn requested a change in the terms of this deal. We're actually being more responsive to the needs of the FOX pond agreement and the changing business climate than the Republicans. Are why did governor Iverson not say a single thing? I watched the entire interview it went on for about thirteen minutes. Good portion of it was focused on the Foxconn deal was approving indepth interview at no point did governor either say we had this meeting Foxconn requested changes to the contract. And in fact, his assertion in the letter that Foxconn also met with assembly speaker, Robin Voss and Senate majority leader, Scott FitzGerald. And they told those leaders Foxconn executives told those leaders that they would need to change the contract has been rebutted directly by FitzGerald. I met with Louis Wu. He said for thirty minutes. And there was no discussion about opening up the contract for renegotiation. Just general discussion about FOX cons expansion and growth Voss said since the election, I have been concerned that governor Everts would try to undermine the state's contract with FOX on. Luckily, WDC negotiated an ironclad contract with expectations from both sides. He said in response to this letter. He was proud of the contract that the Walker administration negotiated with Foxconn Foxconn itself is pushing back against governor Everts letter saying the company has never wavered from our commitment to our contract with the state of Wisconsin. And the creation of thirteen thousand jobs as part of our broader effort. To make the badger state. A global technology hub we have engaged in both routine engagement and good faith discussions with the Iverson ministration regarding areas of flexibility within the existing agreement to ensure the company in our workforce will be positioned for long term success throughout these discussions. And this is key throughout these discussions. We have both operated within the existing contract framework and maintained our long-term workforce salary and investment commissions or excuse me commitments. Meanwhile, in the Milwaukee journal Sentinel's story about this at the very end. This is the very last paragraph. You will get what's known in the news business as the kicker. Foxconn officials have not reached out to Racine county or Mount Pleasant officials to renegotiate the agreement with them according to Mount Pleasant village president Dave degroot and Mt. Boil chief of staff or Racine county executive Jonathan delegate. In other words, everyone else who would be privy to the information about a renegotiation requests from Foxconn is denying it. And there is no outward evidence that would suggest that Foxconn is looking to scale down anything that Foxconn is looking to weasel out of the deal that Foxconn is doing anything that would suggest it wanted to renegotiate the contract at all. In other words, governor Everts who never said a thing for a week when he was being pilloried both from the left and the right who recognize what a boon Foxconn will be for Wisconsin's economy and don't want to see what happened in New York City when Amazon decided that it didn't want to deal with the far-left liberal government and decided not to build an eight. HQ to in queens. They don't wanna see that happen in Wisconsin Everts was getting absolutely mailed for these remarks. So he makes up in this letter this idea that at some meeting he never bothered to mention a month ago with Dr Louis. Woo woo. Was the one who suggested we need to renegotiate this contract. This is for lack of a better word a lie. It is a lie designed to save face. It is a lie. And you'll notice how he frames it in his letter. Because of recent media reports I also wanna clarify aspects of the conversation from our March meeting because of media reports that you generated with your comments. It wasn't inside. Sources say governor Everts wants to renegotiate the Foxconn deal. It was governor Everts himself in front of every reporter except for the news institute in the state McIvor, of course, isn't allowed to cover the vers administration because Iverson coward and knows that he would get critical coverage from Khyber where he would get fawning glowing coverage of his buddies at the Milwaukee journal sentinel, Wisconsin state journal capital times and every local TV station, but even they recognized..

Foxconn Wisconsin governor Everts Dr Louis FOX Louis Wu Emily fannin chairman and CEO Dr. Woo governor Iverson Milwaukee journal sentinel Wisconsin Everts Robin Voss Iverson Scott FitzGerald Evert
"foxconn" Discussed on Newsradio 970 WFLA

Newsradio 970 WFLA

01:51 min | 3 years ago

"foxconn" Discussed on Newsradio 970 WFLA

"Giant Foxconn, changes course, again, this after his chairman and President Trump talked yesterday, the company now says it will build flat screens and Wisconsin after all the Taiwan based company said last week it was backing away from plans to build LCD panels at the plant research shows, the majority of Americans and those are American adults use Facebook and YouTube a survey conducted by Pew Research Center, found seventy three percent of US adults use YouTube while sixty eight percent use Facebook around a third say, they use Instagram and less use sites like Snapchat or Twitter. Facebook is used by about fifty one percent of those age thirteen to seventeen it's not as popular with teens. It's other platforms. Eighty five percent of teens use YouTube seventy two percent, use Instagram and sixty nine percent, use Snapchat amid ongoing backlash for Facebook's privacy scandals research suggests about forty three percent of US adults get their news from the site about four in ten have taken a break from the platform for at least a week Christine Goodwin. Faulk? Fox News Canadian woman's exceedingly. Good luck. Quickly turns exceedingly bad the Thirty-three-year-old seen. John's Newfoundland woman was ecstatic when she learned that her lottery ticket was worth fifty thousand dollars. So she rushed to the lottery office to claim her prize. But what she got was not cash, but a pair of handcuffs as cops wister off to jail because she bought their ticket with a stolen credit card. Now, she faces charges for the theft leaving the lottery commission with a problem what to do with the fifty grand Gary bomb Garten, Fox News and the rare whale's found dead in the waters of Florida's Everglades national park, the young adult male Brutus whale was thirty eight feet long weighed about thirty tons net crops failed to show a clear cause of death though. And this I'm.

Facebook US YouTube Instagram Pew Research Center Snapchat Foxconn Gary bomb Garten Trump Wisconsin Fox News Faulk Twitter Everglades national park chairman Christine Goodwin Taiwan theft President Florida
"foxconn" Discussed on 106.1 FM WTKK

106.1 FM WTKK

01:51 min | 3 years ago

"foxconn" Discussed on 106.1 FM WTKK

"Tech giant Foxconn, changes course, again, this after his chairman and President Trump talked yesterday, the company now says it will build flat screens and Wisconsin after all the Taiwan based company said last week it was backing away from plans to build LCD panels at the plant research shows, the majority of Americans and those are American adults use Facebook and YouTube a survey conducted by Pew Research Center, found seventy three percent of US adults use YouTube while sixty eight percent use Facebook around a third say to use Instagram and less use sites like Snapchat or Twitter. Facebook is used by about fifty one percent of those age thirteen to seventeen it's not as popular with teens is other platforms. Eighty five percent of teens use YouTube seventy two percent, use Instagram and sixty nine percent, use Snapchat amid ongoing backlash for Facebook's privacy scandals research suggests about forty three percent of US adults get their news from the site about four in ten have taken a break from the platform for at least a week. Kristen good. Fox News Canadian woman's exceedingly. Good luck. Quickly turns exceedingly bad, the Thirty-three-year-old. Saint John's Newfoundland woman was ecstatic when she learned that her lottery ticket was worth fifty thousand dollars. So she rushed to the lottery office to claim her prize. But what she got was not cash would appear of handcuffs has cops wister off to jail because she bought their ticket with a stolen credit card. Now, she faces charges for the theft leaving the lottery commission with a problem what to do with the fifty grand Gary bomb Garten, Fox News and a rare whale's found dead in the waters of Florida's Everglades national park, the young adult male Brutus whale was thirty eight feet long weighed about thirty tons and that crops he failed to show a clear cause of death though. And this I'm.

Facebook US YouTube Instagram Pew Research Center Gary bomb Garten Snapchat Foxconn Trump Fox News Wisconsin Twitter Everglades national park chairman Kristen Taiwan theft President Florida fifty thousand dollars
"foxconn" Discussed on KLBJ 590AM

KLBJ 590AM

01:52 min | 3 years ago

"foxconn" Discussed on KLBJ 590AM

"Tech giant Foxconn, changes course, again this after his chairman and President Trump talked yesterday, the company now says it will build flat screens and Wisconsin after all the Taiwan based company said last week it was backing away from plans to build LCD panels at the plant research shows, the majority of Americans and those are American adults use Facebook and YouTube a survey conducted by Pew Research Center, found seventy three percent of US adults use YouTube while. Sixty eight percent use Facebook around a third say to use Instagram and less use sites like Snapchat or Twitter. Facebook is used by about fifty one percent of those age thirteen seventeen it's not as popular with teens. It's other platforms. Eighty five percent of teens use YouTube seventy two percent, use Instagram and sixty nine percent, use Snapchat amid ongoing backlash for Facebook's privacy scandals research suggests about forty three percent of US adults get their news from the site about four in ten have taken a break from the platform for at least a week Christine Goodwin. Fox News Canadian woman's exceedingly. Good luck. Quickly turns exceedingly bad, the Thirty-three-year-old. Saint John's Newfoundland woman was ecstatic when she learned that her lottery ticket was worth fifty thousand dollars. So she rushed to the lottery office to claim her prize. But what she got was not cash, but a pair of handcuffs has cops wister off to jail because she bought their ticket with a stolen credit card. Now, she faces charges. For the theft leaving the lottery commission with a problem. What to do with the fifty grand Gary bomb darton, Fox News. The rare whale's found dead in the water to Florida's Everglades national park, the young adult male Brutus will was thirty eight feet long weighed about thirty tons crops failed to show a clear cause of death though. And this I'm Carmen Roberts. This.

Facebook US YouTube Instagram Pew Research Center Snapchat Foxconn Fox News Carmen Roberts Everglades national park Trump Wisconsin Twitter chairman Christine Goodwin Taiwan Florida theft President Gary
"foxconn" Discussed on NewsRadio KFBK

NewsRadio KFBK

01:57 min | 3 years ago

"foxconn" Discussed on NewsRadio KFBK

"From ABC news. John, Chuck's Iverson. Democrats Republicans and organizations are calling on Virginia. Governor Ralph Northam to resign after he acknowledged appearing in thirty five year old racist photo, the democrat has apologized, but indicated he isn't going anywhere. I have spent the past year as your governor fighting for Virginia that works better for all people. I'm committed to continuing that fight to the remainder of my term and living up to experts. You set for me when you elected me to serve move on calls. The photo horrific and disturbing and says there's no excuse for such a racist display as a number of measles cases in Washington state grows US surgeon general Jerome Adams is asking Americans to get vaccinated has the nation's doctor. I can tell you that the measles vaccine is very faith. And is in fact, one of the most effective vaccine's. We have officials say there are now forty to confirm measles cases in Clark county, Washington with another seven suspected. Taiwanese tech company. Foxconn says after speaking with President Trump, it is not scrapping plans to build a massive manufacturing facility in Wisconsin back in June. President Trump helped break ground on the site in rural Wisconsin, eighteen months ago. This was a field. And now, it's one of the most advanced places of any kind you'll see anywhere in the world. But a report earlier this week cast doubt as to whether Foxconn would actually build the massive facility with plans to hire thirteen thousand American workers. Foxconn releasing a statement Friday that after a personal conversation between President Trump and chairman Terry go the company will proceed with a gen six fab facility, the president calling it. Great news for Wisconsin. Wisconsin's new democratic governor says Foxconn needs to do a better job communicating its plans. Ryan burrow, ABC news. Lindsey Vonn says she'll retire from ski racing after this month's world championships in Sweden Vaughn has eighty two World Cup wins. Twenty World Cup titles. Three Olympic medals and seven world championship medals. You're listening to ABC news..

Foxconn President Trump Wisconsin Governor Ralph Northam ABC Virginia Washington Lindsey Vonn US president Clark county Iverson Ryan burrow John Jerome Adams Sweden Chuck
"foxconn" Discussed on KCRW

KCRW

01:37 min | 3 years ago

"foxconn" Discussed on KCRW

"So stick around that a weather forecast. It looks wet especially for the next twenty four to thirty six hours, and then more rain on Sunday and Monday to we'll have details of that coming up in just a few moments. Four thirty live from NPR news in Culver City, California into Wayne Brown. Foxconn says the factory it's building in Wisconsin will be a manufacturing plant after all is mardi Michelson from member station. W W M reports it comes after President Trump spoke with company officials. The news comes after a week of confusion about FOX cons plans for Wisconsin. It's first plant in the US, the Taiwanese electron IX giant is building a huge facility near the Illinois border after signing a contract with the state to mostly manufacturer LCD screens at the plant, then earlier this week Foxconn said it planned to shift the focus of the plant to mostly research and development jobs instead. Head of manufacturing it cited a changing global marketplace for the change in plans now Foxconn says after a personal conversation between President Trump and Foxconn CEO Terry goal it plans to proceed with the LCD screen manufacturing operation for NPR news. I'm Marty Michelson in Milwaukee in Miami Venezuelan exiles who fled their homeland are telling vice President Mike Pence the moment has come to intervene and overthrow defined President Nicolas Maduro who began a second term last month after disputed elections Pence has been meeting with folks who fled the country as the administration turns up the heat on its efforts to get rid of Modesto rising desperation has fueled a mass exodus more than three.

Foxconn President Trump President Wisconsin vice President mardi Michelson Marty Michelson Mike Pence NPR Nicolas Maduro Culver City FOX US Wayne Brown Modesto Milwaukee CEO California
"foxconn" Discussed on WTMJ 620

WTMJ 620

02:24 min | 3 years ago

"foxconn" Discussed on WTMJ 620

"Dialysis supplies residential in Milwaukee beer, guys. They ain't got nothing on us. Good for you. Dave. And that's an important job. Sounds like some competition building there. That's right. Dave. I'm gonna hook you up with the beer guy. Maybe you guys can throw down. Let's see what happens. Hey, thanks for being out there doing that workday wanted to bring you up to speed the latest on the Foxconn project. I'm going to read to you from the walkie journal sentinel to get this started, a Japan based news outlets reporting that tech giant FOX kinda suspending work on its plan. Ten billion our plant in Wisconsin. The Nikkei Asian review, which I also read today reported that Foxconn will suspend work on the scene county campus and postpone work on a big plant in China. The report citing anonymous sources of documents says Foxconn decision to suspend work on the plant is because of weakening economic conditions and the uncertainties brought by the trade war, and in Wisconsin as a result of negotiations. A new governor Tony Everts. The report says that even approach Foxconn wanting to renegotiate some of the side deals made by Scott Walker. Foxconn issued a statement shortly thereafter, saying Foxconn is continuing to -sconsin project. The company's remains committed to its long-term investment, and creating thirteen thousand jobs in Wisconsin all interactions today. With governor Iverson his team have been constructive. And we look forward to further discussions as we continue to invest in American talent and broaden the base of our investment within the state of Wisconsin. Source close to Foxconn told me yesterday that their announcement that they are going to hire one thousand people by the end of next year instead of five thousand is just the tip of the iceberg saying that based on discussions that he's been part of almost no chance they ever get close to thirteen thousand employees in Wisconsin that it'll be lucky if we get to ten thousand employees in the state of Wisconsin, this is a big old mess. This is a problem for Foxconn. This is bad for their image. This is terrible optics. They're spending energy now talking about what they said and didn't say, and who they talked to and what's true and a good luck sorting it out I spent all day. And you know, how you decide what's real here. It's just who you believe because two different stories are out there concerning Foxconn Charles Benson. Today's TM J four has had direct contact with a Louis. Woo. The main guy at Foxconn America and Charles will join us to.

Foxconn Foxconn America Wisconsin Dave governor Iverson Milwaukee Charles Benson Scott Walker Tony Everts China Japan FOX
"foxconn" Discussed on 106.1 FM WTKK

106.1 FM WTKK

01:52 min | 3 years ago

"foxconn" Discussed on 106.1 FM WTKK

"IX giant Foxconn reconsiders his plans for a huge plant in Wisconsin Foxconn is now reconsidering plans to make advanced liquid crystal display panels in Wisconsin. And a spokesman for the company tells Reuters that the company now intends to hire mostly engineers, and researchers rather than a manufacturing workforce. The plant was touted by President Trump in two thousand seventeen as proof of his ability to revive American manufacturing. We broke ground on a plant that will provide jobs for much more than thirteen thousand Wisconsin workers Foxconn now says those plans may be scaled back or even shelve because of the high cost of making advanced television screens in America, where labor expenses are comparatively high at the White House, Jon decker, Fox News. A jury awards Senator rand Paul more than half a million dollars in damages ordering his neighbor Rene Buscher to pay that. After Paul sued him for attack during yard work. They were doing at his Kentucky home study shows that e cigarettes may not be as bad as some people think vaping can help smokers quit cigarettes better than nicotine, gum or patches. That's according to British researchers who say nearly twice as many people quit smoking when using e cigarettes when compared to those relying on patches gum or nicotine, lozenges fact, says rich Denison the study is published in the New England Journal of medicine and a single engine plane crashes at an airport in Modesto northern California. No one was on board. Police say that the plane's owner was working on the beach v thirty five aircraft and after failing to get started. He walked away as when the engine engaged in roll down the runway and crashed into a parked car. There were no injuries reported. And Dow futures turning negative down nine points at this time after the Dow gained.

Foxconn Senator rand Paul Wisconsin nicotine Reuters President Trump Dow Rene Buscher Jon decker New England Journal of medicin Fox News Kentucky Modesto rich Denison White House America California million dollars
"foxconn" Discussed on KNST AM 790

KNST AM 790

01:52 min | 3 years ago

"foxconn" Discussed on KNST AM 790

"Electronics giant Foxconn reconsiders his plans for a huge plant in Wisconsin Foxconn is now reconsidering plans to make advanced liquid crystal display panels in Wisconsin. And a spokesman for the company tells Reuters that the company now intends to hire mostly engineers, and researchers rather than a manufacturing workforce. The plant was touted by President Trump in two thousand seventeen as proof of his ability to revive American manufacturing. We broke ground on a plant that will provide jobs for much more than thirteen thousand Wisconsin workers Foxconn now says those plans may be scaled back or even shelve because of the high cost of making advanced television screens in America, where labor expenses are comparatively high at the White House, Jon decker, Fox News. A jury awards Senator rand Paul. Paul more than half a million dollars in damages ordering his neighbor Rene Buscher to pay net after Paul sued him for attack during yard work. They were doing at his Kentucky home. A study shows that e cigarettes may not be as bad as some people think vaping can help smokers quit cigarettes better than nicotine, gum or patches. That's according to British researchers who say nearly twice as many people quit smoking when using e cigarettes when compared to those relying on patches, gum or nicotine, lozenges faxes. Rich denison. The study is published in the New England Journal of medicine and a single engine plane crashes at an airport in Modesto northern California. No one was on board. Police say that the plane's owner was working on the beach v thirty five aircraft and after failing to get started. He walked away. That's when the engine engage in roll down the runway and crashed into a parked car. There were no injuries reported. And Dow futures turning negative down nine points at this time after the Dow game..

Foxconn Senator rand Paul Wisconsin nicotine Reuters President Trump Dow New England Journal of medicin Rich denison Kentucky Jon decker Modesto Fox News Rene Buscher White House America California
"foxconn" Discussed on Newsradio 970 WFLA

Newsradio 970 WFLA

05:14 min | 3 years ago

"foxconn" Discussed on Newsradio 970 WFLA

"Quickies here then this Super Bowl situation. I hope you're not going to participate in this yearly fraud. Yeah. That in a second. Talk about fraud here though, and you know, Foxconn, right FOX, CNN Foxconn. Well, is this a Foxconn job, of course, Foxconn is the electronics manufacturing behemoth that makes a whole lot of the apple products, the iphone the, ipads. They've got these massive Chinese factories and campuses that are like cities with tens of thousands of workers. You know, putting together these millions of devices and remember, President Trump and the governor Scott Walker, the former Wisconsin governor, this was a big deal at Foxconn was gonna create thirteen thousand jobs, and they were going to build this this massive facility and spend billions of dollars building a manufacturing facility in Wisconsin. Well is this turning into a Foxconn job? Now, the word out today is that this planned ten billion dollar manufacturing campus. Well, not so much. Now, it's going to be maybe a research unit research hub and not this big huge manufacturing facility, providing a whole lot of blue collar jobs. They say they're committed to still creating a whole bunch of jobs, but. This doesn't sound like anywhere near the, you know, the big PR, the hoop de doo, and the hoop and everything that had been promised. Yeah. So they were supposed to have an employment target of hiring. I think two hundred and sixty were promised to be hired in twenty eighteen as to ramp things up and they hired. Fewer than that. But now, it doesn't look any of these goals are going to be met. So again is this is this was I read earlier, I I did some reading earlier that Foxconn has a history also of making promises that they don't deliver. And now they're saying that this electron IX factory to build screens to build actual display screens that we have no place in the US for this. So that wasn't there. Tune a couple of years ago was it. This a FOX job. Is the question you all kinds of tax credits tax incentives. All I mean. That just pisses me off. Oh, speaking of apple by the way. I thought this was interesting. I've made it clear I don't use an apple iphone, I use an Android device. I do have an apple ipad. I'm a PC user. I've got several laptops that a PC's not the max. But I do have an ipad that I use. You know, what I travel I'll use that for for surfing and doing prep and sending emails and I do use an ipad. When I'm in the northern studio, I use an ipad and FaceTime to connect and have visual connection with my Tampa crew and Tampa master control. So I do have an apple device, but just one actually I have to because I have an ipod I've, you know, older generation ipod, which I still use. When I ski for instance, I'll crank that thing up for hours at a time. But of course, the story came out regarding apple and the security flaw in FaceTime group chat, which they shut down to fix apparently is coming sometime this week. Whereas you could dial somebody up they wouldn't answer. But you could still listen in. And it turns out a fourteen year old kid figured this out and tried to warn apple for about a week. A fourteen year old kid in Arizona. And his mother tried to contact and worn apple for over a week apparently or battle week say, hey, there's a flaw. Michelle Thompson, fourteen year old son grant, they discovered this problem back on January twentieth. And they reported it to the company's Wall Street Journal. I report that short of smoke signals that was trying every method that someone could use to get a hold of somebody in apple said, the mother Michelle Thompson. They call the Email the facts. Social media. This kid deserves credit. He tried to inform apple for a week about this problem. I mean, apple said this kid a gift card or something said them on a MAC, book pro or something. For his efforts now onto the Super Bowl fraud. Ladies and gentlemen. I.

apple Foxconn fraud Michelle Thompson FOX CNN US Wisconsin Wall Street Journal Tampa FaceTime Arizona President Trump
"foxconn" Discussed on WLS-AM 890

WLS-AM 890

03:00 min | 3 years ago

"foxconn" Discussed on WLS-AM 890

"Amtrak has cancelled all trains into and out of Chicago today as well as most services tomorrow, Illinois state police, Anna -mergency snow plan is in effect during this cold spell, if you get into a minor crash drivers should exchange information and report the crash at a later time state police say they will only immediately respond to crashes involving injuries. This is a winter weather. There's also a winter weather ban on the Indiana toll road for triple tractor trailers high profile, long doubles and high profile oversize permit loads until ten AM. Tomorrow firefighters are among those who've had to brave these frigid temperatures. They responded to a deadly blazes morning in Chicago's back of the yards neighborhood. An investigation is underway into what caused it and Kathy Volkmar has more fire took two lives in the home in the two thousand block of west fifty third street officials say a sixteen year old. Boy and a twenty four year old man, we're in the attic where they were trapped by the fire and died CFD deputy chief John Donahoe tells ABC seven others in the house apparently tried and failed to get to the victims. Tremendous, tremendous Africa. Do what they cook four people were safely evacuated from the second floor where reportedly they heard smoke detectors, but none were found in the attic area, they say despite the severe cold. There were no water problems biting the blaze, Kathy Volmer, WLS AM, eight ninety news. You might have heard about the Foxconn company building, a huge plant in Wisconsin. Now, there was a report Foxconn may create far fewer jobs than I promised are John Dempsey with that. Former Wisconsin governor Scott Walker gave the Taiwanese company Foxconn, billions of dollars in incentives to build a massive plant in Mount Pleasant that was supposed to create thirteen thousand jobs. But now, Reuters reports Foxconn is reconsidering plans to make advanced liquid crystal display panels in Wisconsin because it's cheaper to make them in China and Japan instead of thirteen thousand jobs, Foxconn may only bring one thousand two Wisconsin, mostly engineers, and researchers that would mean it would walk away from future state tax. Incentives. John Dempsey WLS AM eight nine thousand as Chicago police say they have found surveillance images of two possible persons of interest wanted for questioning in the alleged attack on empire, actor jussie smollet. They say they'll release those pictures soon, they say they've reviewed hundreds of hours of footage from downtown private surveillance, traffic cameras and buses the black openly gay actor told police that two masked men beat him and yelled, racial and homophobic slurs at him early yesterday in the three hundred block of east north lower water street and a Kentucky jury has awarded US Senator rand Paul more than five hundred eighty thousand dollars in damages against his neighbor for an attack in the yard of his Kentucky home Senator sued is neighbor Rene Boushehr after the 2017 attack left him with several broken ribs. The Senator is tweeted that quote, this lawsuit wasn't about me. It was about all of us, and what we find acceptable as a society, we need to send a clear message. That violence is not the answer anytime anywhere. We can hold different views. Whether it's politics religion or day to day matters. The latest on the roads. Now, we're looking at based.

Foxconn Chicago Wisconsin John Dempsey jussie smollet Rene Boushehr Kathy Volkmar Senator Kathy Volmer Indiana Senator rand Paul John Donahoe Anna -mergency Illinois Africa US Kentucky CFD Scott Walker deputy chief
"foxconn" Discussed on WLS-AM 890

WLS-AM 890

02:13 min | 3 years ago

"foxconn" Discussed on WLS-AM 890

"The Federal Reserve says it's holding interest rates steady another clear signal intends to proceed with caution. Federal Reserve chairman Jerome Powell says the economy is strong. But there are issues the good cause problems right this positive outlook over the past few months. We've seen some cross-currents and conflicting signals about the outlook growth has slowed in some major foreign economies, particularly China and Europe there is elevated uncertainty around several unresolved government policy issues, including Brexit, ongoing trade negotiations. And the effects from the partial government shutdown in the United States. The Dow climbed more than four hundred point shortly. After today's announcement by the fed the closing bell is coming up shortly. President Trump is blasting the testimony his own intelligence officials gave at a Senate hearing yesterday regarding ISIS rush on North Korea and Iran. Bob Costantini, has more be careful of Iran, perhaps intelligence should go back to school. That's President Trump via Twitter after his intelligence agency chiefs downplay the nuclear threat from Iran, if Tehran sponsors terror, they agree and weapons proliferation, but director of national intelligence, Dan Coats is less worried about nukes while we do not believe Iran is currently undertaking activities we judge necessary to produce a nuclear device Iranian officials have publicly threatened to push the boundaries. Mr. Trump, though tweets the intelligence people seem to be extremely passive naive when it comes to the dangers of Iran. They are wrong but Costantini the White House. And you might have heard about the Foxconn company building a huge plant. Wisconsin. Now, there's a report Foxconn may create far fewer jobs than at I promise. John Dempsey with more. Former Wisconsin governor Scott Walker gave the Taiwanese company Foxconn, billions of dollars in incentives to build a massive plant in Mount Pleasant that was supposed to create thirteen thousand jobs. But now, Reuters reports Foxconn is reconsidering plans to make advanced liquid crystal display panels in Wisconsin because it's cheaper to make them in China and Japan instead of thirteen thousand jobs, Foxconn may only bring one thousand two Wisconsin, mostly engineers, and researchers that would mean it would walk away from future state tax incentives. John Dempsey WLS AM eight nine thousand eight on the roads bit premature based travel times,.

Foxconn Iran President Trump Federal Reserve Wisconsin Bob Costantini John Dempsey Jerome Powell chairman United States China Scott Walker Europe Dan Coats Mount Pleasant Reuters Senate Twitter
"foxconn" Discussed on WTMJ 620

WTMJ 620

03:00 min | 3 years ago

"foxconn" Discussed on WTMJ 620

"News from Reuters concerning Foxconn, Reuters and other sources saying that Foxconn may not build it's ten billion dollar Wisconsin planned planned touted by President Trump Foxconn reconsidering plans to make advanced liquid crystal display panels, and it was constant campus and said it intense instead to hire mostly engineers, and researchers rather than the manufacturing workforce. The project originally promised announced it a White House ceremony in two thousand seventeen to twenty million square foot campus, Mark the largest greenfield investment by a foreign based company in US history. It was praised by President Trump is proof of his ability to revive American manufacturing Foxconn which received controversial state and local incentives for the project initially planned to manufacture advanced large screen displays for TV's and other consumer and professional products at the facility, which is now under construction it later said it would build small. LCD screens. Instead. Now, those plans may be scaled back or even shoved according to Louis Wu specialist system to Foxconn chief executive Jerry, go who told Reuters he said, the company was still evaluating options for Wisconsin. But cited the steep cost of making advanced TV screens in the United States where labor expenses are comparatively high in terms of TV, we have no place in the US. He said in the Reuters interview we can't compete end of quote when it comes to manufacturing advance screens for TV's. He added if a certain size of display has more supply, whether from China or Japan or Taiwan, we have to change to end of quote, rather than focus on LCD manufacturing Foxconn wants to create a technology hub in Wisconsin that would largely consist of research facilities along with pegging and assembly operations, according to woo. It would also produce specialized tech products for industrial healthcare in professional application. He said in Wisconsin. We're not building a factory. You can't use a factory to view, our Wisconsin investment. All this. According to woo in the Reuters article earlier this month, FOX kind of matrix supplier, to apple reiterated its intention to create thirteen thousand Wisconsin jobs, but said it's slowed its pace of hiring. The company initially said it expected to employ about fifty two hundred people by the end of twenty twenty a company source said that figured out looks to be lately. Closer to one thousand ten clear when the full thirteen thousand workers will be hired. But in the interview said about three quarters of FOX cons eventual jobs will be an RND and design what he described his knowledge positions rather than blue collar, manufacturing jobs. This is a pretty big story. Breaking from Reuters this morning, we will get more on this throughout the day here. WTMJ seven forty four. Doug, Hess sports next. If you have fifty thousand dollars or more in retirement assets, you're close to retiring well with retirement incite every move matters at koala investment group theory, retirement specialists were just as serious about your retirement as.

Foxconn Reuters Wisconsin President Trump United States White House koala investment group President FOX Doug Louis Wu chief executive apple Jerry China Taiwan Japan fifty thousand dollars
"foxconn" Discussed on Daily Tech News Show

Daily Tech News Show

02:20 min | 3 years ago

"foxconn" Discussed on Daily Tech News Show

"This is the daily tech news for Tuesday, January twenty second two thousand nineteen in Los Angeles. I'm Tom Merritt anthem studio theline, I'm Sarah, lean from Oakland, California. I'm Justin Robert young. And from the fringes of LA county. I'm the show's producer Roger Chan, and of course, Justin Robert young on Tuesday instead of Thursday because he has a top five comedy album out today with our other guests on today's show. Mr Brian brushwood, host of. Next over here. First of all, it's a number one comedy album. It was a top five all albums on I tunes for temporarily number three. But the point is. Yes, we we've finally both made it it was a big thing when we had this album coming out. It was like, hey, Justin. You know? What's thing? We've never done before is shown up like as a duo like either one or the other of us goes on things. Finally, we're doing it together. Yeah. I'm super proud of the I think it's great all's well and night attack album available now, we'll talk a little bit more about it. We're going to talk to these guys a little bit about the things they had to go through to get an independent album out on the internet. They've they've been doing this more than once this isn't the first time through so we'll learn from them in a bit. Let's start with a few things, you should know. Sources tell the Wall Street Journal that apple may drop LCD's altogether from the iphone line next year in favor of led screens. And we'll also reportedly be launching a five G iphone in twenty twenty. However, the company is still expected to release an LCD screen successor to the ten are later this year. The Wall Street Journal sources say Foxconn is considering moving the iphones manufacturing to India box gone, chairman, chairman twenty tarry goo supposedly plans to visit India to research, the idea apple appel, ready produces its phone SEA India in order to help it navigate laws requiring retail stores to stock a percentage of goods manufactured inside the country Foxconn supposedly wants to make sure it can find enough skilled workers and the appropriate infrastructure, and then they might be good just move it to India. Anyway, that's the growth market. China's sorta topping out Microsoft introduced a range of windows ten devices for the education market, including tune ones and lap. Ops from Acer Dell and Lenovo all around three hundred dollars Lenovo actually announced its one hundred eighty now available for one hundred eighty nine bucks..

Justin Robert young Lenovo SEA India Wall Street Journal Foxconn Mr Brian brushwood Tom Merritt apple Justin Robert Los Angeles Roger Chan Justin chairman India LA county Oakland California Sarah
"foxconn" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

01:47 min | 3 years ago

"foxconn" Discussed on WNYC 93.9 FM

"Months ago. This was a field. And now, it's one of the most advanced places of any kind you'll see anywhere in the world. It's incredible. Last summer. Donald Trump was in Wisconsin to sing the praises of a deal that he had made with Terry. Go Terry go is the chairman of the Taiwanese electronics maker Foxconn, and I wanna be thanking Jerry go, chairman of Foxconn and a friend of mine. One of the most successful businessmen in the world. Very few people even close, and I want to thank him for investing in Wisconsin. Investing in the United States. Trump came to the White House promising voters in the midwest and other industrial parts of the country that he'd reverse the trend of manufacturing jobs that have been going overseas for years. This is still a major theme of his trade wars recently. He was threatening apple with tariffs on its phones, which are all made in China. So this Foxconn plant in Wisconsin was intended as a show piece of the president's economic vision. How did it go so wrong? Dan, Coffman is a Wisconsin native who's been reporting on the state's political battles for years. He's the author of a new book called the fall of Wisconsin. Here's dan. Racine. Wisconsin is an all manufacturing town. This is the home of the famous Johnson wax headquarters. Designed by Frank Lloyd Wright case tractors and Jacobson lawnmowers were made and received auto parts trembled, tools and the first garbage disposal known as the insinkerator. A quarter of the jobs are still in manufacturing. But that's way, down from where it used to be according to Racine's mayor.

Wisconsin Donald Trump Foxconn Dan Racine chairman Frank Lloyd Wright Jerry United States midwest apple Terry White House China president Coffman