China's Foxconn will open USA plant

China's Foxconn will open USA plant

Some observers said Trump intentionally released the encouraging news about the US$30 billion investment simply to encourage the small-business leaders.

"They make the iPhones for Apple and others and it is a truly incredible company", Trump said.

The trip announcement comes a week after Taiwanese electronics manufacturer Foxconn said it plans to invest billions of dollars and bring thousands of jobs to Wisconsin.

Indian forces kill two youth in occupied Kashmir
The officer said one person, whose identity is being ascertained, was hit by a bullet in the shoulder and rushed to a hospital. Two militants were killed in an encounter with security forces in south Kashmir's Pulwama district on Sunday, officials said.

Foxconn Chairman Terry Gou is considering tripling his USA investment budget to US$30 billion (S$40.85 billion), President Donald Trump said while outlining "off-record" remarks made by the billionaire founder of Apple Inc's biggest manufacturing partner. It did not discuss Trump's statement about the total investment amount or Trump's claims that Gou told it to him in confidence.

But according to the President, "He told me off the record, he thinks he may go $30 billion".

"Our investment in Wisconsin will be the first of a series of facilities we will be building in several states as part of a robust electronics ecosystem we will be creating in the United States", Foxconn said in an emailed statement. He didn't elaborate on how the figure could grow so high or even clarify whether he was referring to just Wisconsin or nationwide -including investments in other plants not yet announced. "We will provide an update as soon as we have finalized those plans".

HTC is releasing standalone Vive VR headset in the Chinese market
What we do know is that it will run the Snapdragon 835 chipset and have six-degrees-of-freedom tracking, but not much else. Owners of the Oculus Rift or HTC Vive can now sample the rather cool Virt-A-Mate demo from lone developer Meshed VR .

The Wisconsin factory is scheduled to open by 2020. Democratic critics, who don't have the votes in the Republican-controlled Legislature to stop it, have cautioned that there shouldn't be a vote without a detailed analysis from the nonpartisan Legislative Fiscal Bureau.

The bill would also allow the state to borrow $250 million for the Interstate 94 rebuilding project, which connects Milwaukee and Chicago and is near where the plant is expected to be.

Donald Trump intends to sign Russian Federation sanctions bill: White House
Senators overwhelmingly approved the bill with a vote of 98-2, a day after the House and Senate agreed on the terms. If the bill passes the Senate, it would be sent to the White House for Trump to sign into law or veto.

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