“A Taiwanese company that assembles Apple’s iPhones and other electronics is considering building a plant in Wisconsin that could employ thousands of people and give Gov. Scott Walker a huge political boost as he prepares to run for re-election,” Scott Bauer reports for The Associated Press. “A person with direct knowledge of the negotiations who was not authorized to speak publicly confirmed to The Associated Press on Wednesday that the state is in talks with Foxconn. At least one other upper Midwest state, Michigan, is also pursuing the plant.”

“President Donald Trump alluded to negotiations with an unspecified company during a visit to Milwaukee on Tuesday, saying Walker might get ‘a very happy surprise very soon.’ Trump said ‘we were negotiating with a major, major incredible manufacturer of phones and computers and televisions,'” Bauer reports. “‘It would be great for Wisconsin for a lot of reasons,’ said Tom Still, president of the Wisconsin Technology Council, who noted that Wisconsin is already home to similar electronic manufacturers.”

“Foxconn, founded in 1974, announced in January that it was considering investing $7 billion in a U.S. factory to produce display panels that would create as many as 50,000 jobs,” Bauer reports. “Walker made a brief, previously unannounced trip to Japan the weekend of June 2 to pursue an undisclosed economic development opportunity. That same weekend, Michigan Gov. Rick Snyder was also in Japan.”

Read more in the full article here.

MacDailyNews Take: Obviously, this is a complicated deal as there are lots of moving parts here: Trade, China, North Korea, Apple, Sharp, Japan, Westinghouse, Toshiba, nuclear reactors, U.S. manufacturing, Softbank, ARM holdings, Tim Cook, U.S. corporate taxes, tax repatriation, etc., etc., etc.

SEE ALSO:
China Premier Li visits Apple supplier Foxconn after CEO’s meeting with President Trump – May 10, 2017
Apple’s top manufacturing partner to meet with U.S. President Trump today – April 27, 2017
Apple could help Westinghouse in completing new nuclear plants – April 17, 2017
Apple may bid for big stake in Toshiba – April 17, 2017
Apple supplier Sharp may begin building $7 billion U.S. plant in within months as Japan PM meets President Trump – February 8, 2017
Foxconn-Sharp considering LCD plant in USA, plans in response to President-elect Trump’s ‘Make in America’ call – January 13, 2017
With President Trump soon to take office, Apple looks to boost its ‘Made in America’ credentials – January 10, 2017
Make America Insanely Great Again: Apple seeks to expand Made in USA manufacturing – January 9, 2017
Apple invests $1 billion in SoftBank’s massive tech fund; may help company get in President Trump’s good graces – January 4, 2017
Apple in talks to invest $1 billion in SoftBank tech fund – December 13, 2016
Softbank to invest $50 billion in the U.S., create 50,000 new tech jobs after meeting with President-elect Trump – and Apple supplier Foxconn is in on the deal – December 6, 2016
President-elect Trump invites tech leaders to roundtable in Manhattan next week – December 6, 2016
President-elect Trump tells Apple CEO Tim Cook that he’d like to see Apple make products in the U.S. – November 23, 2016
President-elect Trump says Apple CEO Tim Cook called him after election victory – November 22, 2016
Apple could make iPhones in the U.S.A. under President Trump, sources say – November 17, 2016
Japan’s Softbank just became one of Apple’s most important suppliers – July 18, 2016