Oversupply
Foxconn's U.S. Plan Doesn't Add Up
Exposure to a display panel glut wouldn't be a victory.
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Foxconn Technology Group's ideas for U.S. investment are starting to take shape, and the more concrete they become the less logical they appear.
Chairman Terry Gou explained over the weekend that the Taiwanese company is considering setting up a display-making plant in America that would cost more than $7 billion and might create 30,000 to 50,000 jobs.