Foxconn has recently announced a major investment of $10 billion to establish a liquid crystal panel production line in Wisconsin, USA. This move was praised by U.S. President Donald Trump. However, Foxconn's plans for the U.S. go beyond just manufacturing. According to recent reports, the company is also setting up a research and development center in Michigan, a hub for the American auto industry, focusing on autonomous driving technology. Let’s take a closer look at this development with our automotive electronics expert.
According to several foreign media outlets, Foxconn CEO Guo Taiming confirmed that the new R&D center will focus on autonomous driving solutions. While it’s unclear if Foxconn will eventually produce a full autonomous vehicle, the center is expected to bring significant investment and high-paying jobs to the region. The exact budget for the project is still under discussion, but it’s reported to be in the range of several billion dollars.
Michigan, home to Detroit — the heart of the U.S. auto industry — has become one of the key centers for autonomous vehicle development, alongside Silicon Valley. Companies like Uber have also expressed interest in establishing their own R&D facilities in the area. Recently, Michigan Governor Rick Snyder visited China, met with Guo Taiming, and toured the Foxconn facility in Shenzhen. Although no official announcement has been made, the discussions were described as productive.
Despite the disappointment from Michigan after Foxconn chose Wisconsin for its LCD panel factory, the new R&D center is seen as a positive step forward. In fact, during the governor’s visit, Guo Taiming mentioned that the U.S. currently leads China in autonomous driving technology.
In addition to the Wisconsin plant, Foxconn is reportedly planning two more factories in the U.S.: one for small-sized LCD panels used in aviation and smartphones, and another for assembling Sharp TVs for the local market. Sharp has even applied for a new high-end TV brand in the U.S., signaling a broader expansion strategy.
Foxconn is still in talks with U.S. state governments to finalize the locations of these new facilities, seeking favorable conditions and incentives. If all three projects are approved, the total investment could exceed $10 billion. Earlier, Guo Taiming had mentioned to Trump that Foxconn’s overall U.S. investment could reach $30 billion, far exceeding the Wisconsin project.
With Tesla leading the charge in electric and autonomous vehicles, the global automotive industry is witnessing a surge in innovation. Major automakers and tech companies are all investing heavily in self-driving technology. Apple recently obtained a road test license in California, further fueling the competition.
Foxconn isn’t standing on the sidelines. Last year, it partnered with Chinese tech giant Tencent to develop autonomous vehicles, with plans to launch them in 2020. Whether this new R&D center in Michigan is connected to that joint venture remains to be seen.
In summary, Foxconn’s decision to invest in the U.S. reflects its growing ambitions in the automotive and tech sectors. As more details emerge, we’ll continue to keep you updated on the latest developments in automotive electronics. Stay tuned for more in-depth coverage.
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