A Taiwanese electronics company says that it may spend more than $10 billion to develop factories in the United States. Terry Gou, chairman of Foxconn, made the announcement to reporters Thursday. In January, the company said it would build a display panel factory, estimated to cost as much as $7 billion. Gou did not provide details Thursday about where building might take place. Manufacturing Giant Foxconn is the biggest contract manufacturer for smartphones. It makes products for Apple, Sony, Blackberry and other companies. Gou told shareholders that Foxconn will create U.S. manufacturing and software development operations in artificial intelligence and automation. He said that Foxconn has been in contact with the Trump administration. He added that he expects to finish negotiations by the end of July or early August. The first investment agreements could involve at least three U.S. states. Three others could be added later, Gou said. "We will provide at least tens of thousands of job opportunities," Gou said Thursday. He said Foxconn hopes to work with American states such as Ohio, Pennsylvania, Michigan, Illinois, Wisconsin, Indiana and Texas. Implications of Foxconn's expansion to the U.S. In January, Gou said that Pennsylvania was the top candidate for the panel factory. It would be linked with the Sharp electronics company. Foxconn bought the Japanese company in March 2016 for $3.5 billion. Expansion into the United States would decrease Foxconn's dependence on China. The company has about 1 million employees and most of its operations in that country. I'm John Russell. Joe McDonald and Johnson Lai wrote this story for AP. John Russell adapted it for Learning English. Caty Weaver was the editor. We want to hear from you. Write to us in the Comments Section. ________________________________________________________________ Words in This Story display panel – n. a part of an electronic device (such as a computer monitor) that shows information contract - n. legal agreement between companies, people, etc.. smartphone – n. a mobile telephone that can be used to send and receive e-mail, connect to the Internet, take photographs, etc. artificial intelligence – n. an area of computer science that deals with giving machines the ability to seem like they have human intelligence automation – n. running or operating (something, such as a factory or system) by using machines, computers, etc., instead of people to do the work opportunity - n. a situation in which something can be done
from Voice of America http://ift.tt/2u49Lk7
via IFTTT
الاشتراك في:
تعليقات الرسالة (Atom)
المشاركات الشائعة
-
As President of the United States, Donald Trump shakes a lot of hands. But look out. If you shake Trump’s hand, you might get pulled off y...
-
Even in the world of medicine, what is old is new again. Thousands of years ago, Egyptians used it to sterilize drinking water. Ancient Roma...
-
00:00:02 OPRAH WINFREY: "Hattie Mae, this child is gifted," and I heard that enough that I started to believe it. 00:00:08 ...
-
Pyongyang University of Science and Technology is North Korea’s first privately funded university. It opened in 2010. But, the head of the s...
-
An unpublished United Nations report says that North Korea sent materials that could be used in chemical weapons to Syria and missile techno...
-
The first-ever direct China-to-Britain freight train arrived in London last week. It was the latest evidence of China’s efforts to redevel...
-
The government of Zimbabwe is denying a report that President Robert Mugabe has suffered a heart attack. Presidential spokesman George Chara...
-
Zimbabwe wants small business to be able to get credit to start or grow a business. If the country’s Parliament approves a bill proposed l...
-
United Nations’ economic restrictions ordered against North Korea in March have produced mixed results. Prices for goods in North Korea ha...
-
North Korea has increased efforts in recent years to prevent outside information from entering the country. But international activists say ...
ليست هناك تعليقات:
إرسال تعليق