What They Say
Hat-tip to the Ojo-Yoshida Report for spotting that the last homeowner that was holding out against a compulsory sale to release for a possible factory for Foxconn in Wisconsin has just settled for $950K after years of litigation. However, it is unclear whether Foxconn will ever want or need the site.
Fortune magazine recently reported that Foxconn has a 1-million-square-foot warehouse, a 260,000-square-foot “smart manufacturing center,” a 120,000-square-foot “multipurpose building,” and a 100-foot-tall glass globe that bulges from otherwise empty farmland like an otherworldly “orb,”.
What We Think
The probability that there would ever be an LCD fab in the US was always pretty small, although there were some suggestions that it might make sense. With reducing globalisation in recent years, I guess there should be more of a reason to do it, but any future display making in the US is more likely to be dependent on breakthrough low capital intensive technologies such as microLED. Perhaps the land could be used for semiconductors, although the investment in that industry seems to be mainly in Texas and the South.
Pete wrote about this project a couple of years ago in a Display Daily, if you want some more background. Stranger Things, Wisconsin Edition(BR)
