Foxconn: Behind Those Headlines

One reads that today Foxconn is promising a less advanced facility in Wisconsin by 2020, and today’s promise has captured a few headlines.

The truth – even if Foxconn follows through on this latest promise – is an embarrassing retreat, as Bloomberg’s Tim Culpan observes:

Sounds like it’s more than a year late, and well below scale. Foxconn taking THREE years to create 1,500 jobs is a glacial pace for them. Long term target was 13,000, with ~2,000 by end 2019.

Meanwhile, even over much smaller commitments, Foxconn has been silent for months:

In late August, UW-Madison announced a partnership with Foxconn Technology Group that Chancellor Rebecca Blank said would be the largest research partnership in the university’s history.

But more than six months later, it’s hard to tell what kind of progress has been made on the deal.

Foxconn representatives did not answer a list of questions related to their partnership with Wisconsin’s flagship university, instead providing a statement that said the Taiwanese electronics maker is proud of its partnership with UW-Madison.

Via Kelly Meyerhofer, Six months after $100M partnership announcement, UW-Madison and Foxconn mum on details.

Previously10 Key Articles About FoxconnFoxconn as Alchemy: Magic Multipliers,  Foxconn Destroys Single-Family HomesFoxconn Devours Tens of Millions from State’s Road Repair BudgetThe Man Behind the Foxconn ProjectA Sham News Story on Foxconn, Another Pig at the TroughEven Foxconn’s Projections Show a Vulnerable (Replaceable) WorkforceFoxconn in Wisconsin: Not So High Tech After All, Foxconn’s Ambition is Automation, While Appeasing the Politically Ambitious, Foxconn’s Shabby Workplace ConditionsFoxconn’s Bait & SwitchFoxconn’s (Overwhelmingly) Low-Paying JobsThe Next Guest SpeakerTrump, Ryan, and Walker Want to Seize Wisconsin Homes to Build Foxconn Plant, Foxconn Deal Melts Away“Later This Year,” Foxconn’s Secret Deal with UW-Madison, Foxconn’s Predatory Reliance on Eminent Domain, Foxconn: Failure & FraudFoxconn Roundup: Desperately Ill Edition Foxconn Roundup: Indiana Layoffs & Automation Everywhere, Foxconn Roundup: Outside Work and Local Land, Foxconn Couldn’t Even Meet Its Low First-Year Goal, Foxconn Talks of Folding Wisconsin Manufacturing Plans, WISGOP Assembly Speaker Vos Hopes You’re StupidLost Homes and Land, All Over a Foxconn Fantasy, Laughable Spin as Industrial Policy, Foxconn: The ‘State Visit Project,’ ‘Inside Wisconsin’s Disastrous $4.5 Billion Deal With Foxconn,’ Foxconn: When the Going Gets Tough…, The Amazon-New York Deal, Like the Foxconn Deal, Was Bad Policy, Foxconn Roundup, Foxconn: The Roads to Nowhere, and Foxconn: Evidence of Bad Policy Judgment.

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