Mon Oct 12, 2020, 10:26 PM

Wisconsin just denied Apple's biggest supplier a huge tax break

Wisconsin just denied Apple's biggest supplier a huge tax break after the company failed to build a factory that promised to bring thousands of jobs to the state

Wisconsin has denied Foxconn, Apple's biggest supplier, a tax break after the electronics manufacturer failed to build a factory in the state, The Verge reported Monday.

The state made a deal with Foxconn in 2017 for a large LCD facility, dubbed a Gen 10.5 factory, to be built in the state that would create 13,000 jobs. In return, Foxconn would receive tax subsidies in increments, totaling around $4 billion.

But according to the Wisconsin Economic Development Corporation (WEDC), the company has yet to employ the number of people required for Foxconn to receive the subsidies, per the report. The agreement stipulated that Foxconn would need to have at least 520 people under employment by the end of 2019 to receive the tax subsidies. Foxconn claimed to have hired 550 people, but according to the WEDC, only 281 of them meet the qualifications listed in the contract.

https://www.yahoo.com/news/wisconsin-just-denied-apples-biggest-213913520.html

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8 replies	Author	Time	Post
Wisconsin just denied Apple's biggest supplier a huge tax break (Original post)	In It to Win It	Oct 2020	OP
They make 40% of all electronic around the world	FreeState	Oct 2020	#1
Yes	ItsjustMe	Oct 2020	#4
Good for WI! More states should do this.	RainCaster	Oct 2020	#2
Another trump-Walker debacle.	kacekwl	Oct 2020	#3
Good! Now they can pack up and get the hell out of	Greybnk48	Oct 2020	#5
Apple relied on Foxconn in China because of manufacturing supply chain issues... that's changing.	Ellipsis	Oct 2020	#6
K&R	Yo_Mama_Been_Loggin	Oct 2020	#7
Thanks Wanker......	a kennedy	Oct 2020	#8

Response to In It to Win It (Original post)

Mon Oct 12, 2020, 10:48 PM

FreeState (10,294 posts)

1. They make 40% of all electronic around the world

Not just Apple.

The following list consists of Foxconn's present or past major customers. The list is provided in alphabetical order.

Their country of origin or base of operations is in parentheses.

Acer Inc. (Taiwan)[84]
Amazon.com (United States)[11]
Apple Inc. (United States)[85]
BlackBerry Ltd. (Canada)[86]
Cisco (United States)[87]
Dell (United States)[88]
Google (United States)[89]
Hewlett-Packard (United States)[90]
Huawei (China)[91]
InFocus (United States)
Intel (United States)
Lenovo (China)
Microsoft Corp. (United States)[92]
Motorola Mobility (United States)[88]
Nintendo (Japan)[93]
HMD Global (Under Nokia Brand) (Finland)[85][94]
Sega (Japan)
Sony (Japan)[95]
Toshiba (Japan)[96]
Vizio (United States)[97]
Xiaomi (China)[98]

https://en.m.wikipedia.org/wiki/Foxconn

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Response to FreeState (Reply #1)

Tue Oct 13, 2020, 12:44 AM

ItsjustMe (9,598 posts)

4. Yes

But Foxconn has a long history of breaking Labor Laws on behalf for Apple.

https://www.washingtonpost.com/technology/2019/09/09/apple-accused-worker-violations-chinese-factories-by-labor-rights-group/

https://www.huffpost.com/entry/apples-foxconn-problem_b_5a1838f3e4b0bf1467a8463d

https://thenextweb.com/apple/2010/02/27/apple-child-labor-china-history-sketchy-manufacturing/

Also here In California
Apple sued by employees over labor issues.
https://money.cnn.com/2014/07/23/technology/apple-labor/index.html

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Response to In It to Win It (Original post)

Mon Oct 12, 2020, 11:49 PM

RainCaster (9,427 posts)

2. Good for WI! More states should do this.

Foxconn is a very large company and can certainly afford to hire the people they promised. If they don't, no tax breaks. I wish WA would have been that strong with Boeing.

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Response to In It to Win It (Original post)

Tue Oct 13, 2020, 12:07 AM

kacekwl (6,670 posts)

3. Another trump-Walker debacle.

Wake up Wisconsin. Geeesh.

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Response to In It to Win It (Original post)

Tue Oct 13, 2020, 12:55 AM

Greybnk48 (9,874 posts)

5. Good! Now they can pack up and get the hell out of

Our State! Just leave.

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Response to In It to Win It (Original post)

Tue Oct 13, 2020, 01:21 AM

Ellipsis (8,982 posts)

6. Apple relied on Foxconn in China because of manufacturing supply chain issues... that's changing.

When Foxconn came to Wis. it promised LCD manufacturing of large screen panels. But that's a fickle industry which changed as technology morphed. The yield rates with screens diminish as they get larger, the larger the panel the more bad lcd's, the lower the yield rates. So they changed the business model given the competition, which is only senisible.

That's not to say they aren't playing the midwest. The great lakes is ocean port. Ships can get to Racine from China. They've secured distribution. As to what the business model becomes is moot to Apple as it changes it's reliance on current distribution chain every day.

Apple has nothing to do with Foxconn's future.

Foxconn's hooks are here to stay given the way things are now.

It's established itself within our the higher education system.. It's not going anywhere. It doesn't need tax brakes.

And Xi had some of his education here, he knows our state.

Thank you fucking Scott Walker.

THANK YOU FUCKING ROBIN VOS.

... for opening up our state to China.

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Response to In It to Win It (Original post)

Tue Oct 13, 2020, 03:22 PM

Yo_Mama_Been_Loggin (97,136 posts)

7. K&R

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Response to In It to Win It (Original post)

Tue Oct 13, 2020, 03:33 PM

a kennedy (27,168 posts)

8. Thanks Wanker......

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