Taiwan — Hon Hai Chairman Terry Gou's "Flying Eagle" plan to manufacture in the U.S. officially began last week when he appeared alongside U.S. President Donald Trump at a press conference.Trump praised Gou lavishly as "the world's greatest businessman" and a friend; Gou, meanwhile, announced that he would invest US$10 billion in the U.S. over the next four years. The first step of Gou's plan: building a world-class display panel plant in Wisconsin, creating thousands of jobs in the process.
Yet, while the market overwhelming praised the deal, Gou's previous unfulfilled promises are also under scrutiny. And the challenges he and the plant face are just beginning to surface.
Yet, while the market overwhelming praised the deal, Gou's previous unfulfilled promises are also under scrutiny. And the challenges he and the plant face are just beginning to surface.