TAIPEI: The Foxconn chief’s fine tuned business and political instincts seized the chance provided by the new Trump administration’s push to revive the American manufacturing sector and “bring back” jobs that had been sent abroad or in many cases lost to automation. After two low-key visits to the White House, he was invited back in late July, where he received VIP treatment. Sharing the stage with some of the heaviest hitters in the Republican party President Trump, Vice President Pence, House Speaker Paul Ryan, and Wisconsin governor Scott Walker Gou beamed as he was hailed for Foxconn’s newly announced investment: a US$10 billion LCD-panel manufacturing facility. The factory will be located in Ryan’s Congressional district in Wisconsin.
Taiwan’s confidence in the United States as a leading investment destination is reflected by the enthusiastic participation in our SelectUSA Investment Summits,” American Institute in Taiwan Director Kin Moy said in remarks at the opening ceremony of this year’s U.S. Business Day in late August. “Taiwan’s SelectUSA delegations have been among the largest each year since the inaugural Summit was held in 2013,” he said. “At the 2017 Summit, Taiwan’s business delegation was not only the largest ever from Taiwan but also the second largest of all foreign delegations, with 140 participants from 83 companies. This consistent level of support demonstrates the strong commercial ties between the United States and Taiwan, and suggests that our relationship will only grow stronger in the years to come.
