Foxconn Technology, the Taiwan-based electronic manufacturers would roll out production in the Wisconsin factory by 2020. Once the new factory is ready, liquid crystal displays (LCD) will be produced there.
The company stated that by this year’s summer, the next phase of the factory construction will start and the unit will roll out production by the 4th quarter of 2020.
In the initial stages of the construction, the Wisconsin factory was planned for manufacturing LCDs for TV and other professional and consumer products but later, Foxconn decided to manufacture smaller Generation 6 LCDs.
Initially, the new Gen6 unit will start manufacturing screens for fields like healthcare, medical, and education, security, sports, and entertainment.
The company repeatedly stated in February that it would still set up a factory in Wisconsin after its chairman spoke to the US president, Donald Trump. Reuters reported that Foxconn was reconsidering its plans.
According to Reuters reports published in January, the company planned to hire local engineers and researchers in Wisconsin instead of reconsidering manufacturing LCD panels at a planned $10 billion Wisconsin campus.
In the recent release, the company did not reveal anything about its investment plan in the Wisconsin facility. The campus would be covering a 20-million-square-foot area; making it the largest investment for a brand new location by a foreign-based company in the history of the US. The announcement was made public in 2017.
The new manufacturing facility will be a major boost for Foxconn.