“Chairman Terry Gou of key iPhone assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, is set to meet U.S. President Donald Trump in Washington on Thursday, according to people familiar with the plan,” Debby Wu reports for Nikkei Asian Review.
“The sources did not disclose details of the first-ever encounter between the two,” Wu reports. “But with Trump’s persistent pledge to bring manufacturing jobs back to the U.S., and Gou’s dogged determination to acquire the memory chip business of embattled Japanese conglomerate Toshiba, the two will likely exchange their views on related issues.”
Wu reports, “One source said Gou was able to secure the meeting with Trump with help from his friend SoftBank Group Chairman Masayoshi Son, who met Trump in New York in December.”
“The source added that when Gou visited Washington in late February, the Taiwanese tycoon met Trump’s son-in-law Jared Kushner, although it is unclear what the two discussed,” Wu reports. “Industry sources have said that Washington is involved and being consulted on Toshiba’s plans to sell its semiconductor unit and Westinghouse, its American nuclear unit which owns military grade reactor technology, as the fate of both businesses has implications for U.S. national security.”
Read more in the full article here.
MacDailyNews Take: Lots of moving parts here: Trade, China, Apple, Sharp, Japan, Westinghouse, Toshiba, nuclear reactors, U.S. manufacturing, Softbank, ARM holdings, Tim Cook, U.S. corporate taxes, tax repatriation, etc.
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
It’s so nice to have a President who works for the country, for a change.
Or is he working for Hon Hai?
As Drumpf reneges on his campaign promises one by one, it’s hard to tell who, aside from his personal businesses and Putin’s, that the lying sack of manure works for. 100 days of executive memos and cronyism and saber rattling has achieved nothing for the American people.
I think you underestimate the fine efforts of obummer and the shrub, both these presidents ensured that MIPFO never happened as much as the chump.
What is MIPFO? Make It Peaceful For Once.
Thanks to that sustained leadership over many presidents your is nation has become warmongering terrorist nation it is today. I know that your current chump probably won’t be able to break obummer’s war record of keeping the nation at war for 100% of his presidency but he might be able to set a new record with how much golf he plays.
Hate, it’s part of your DNA (Destructive Nuclear Arsenal).
You just hate The President because he is white.
No intelligent man judges another by what characteristics were bestowed at birth. But you can judge the characteristics that a man has formed himself into.
Great Trump quotes:
“The line of ‘Make America great again,’ the phrase, that was mine, I came up with it about a year ago, and I kept using it, and everybody’s using it, they are all loving it. I don’t know I guess I should copyright it, maybe I have copyrighted it.” (Reagan used the phrase in his presidential campaign)
“I have a great relationship with the blacks.” – and that’s why minorities never have a seat in your businesses or government?
“There have been many bad things said about me over the years, and in some cases they’ve been true. It doesn’t bother me. If I have a fault and somebody exposes that fault or talks about that fault, you won’t hear me complain.” — this before the Twitter addict decided to whine daily about the evil media reporting aspects of things he never bothered to think of himself.
“Not since Harry Truman has anybody done so much. That’s a long time ago.” Wow, what a high bar.
“I’ve passed a lot of legislative bills that people don’t even know about.” You can’t, you buffoon. Do you even know the difference between the legislature and the executive?
“One of the best chemistries I had was with [German Chancellor Angela] Merkel.” – and it was hot.
“”We can’t continue to allow China to rape our country.”
“President Xi [of China], we have a, like, a really great relationship.” – how quickly the campaign tune changes.
“[North Korean leader Kim Jong Un] is 27 years old. His father dies, took over a regime. So say what you want but that is not easy, especially at that age.”
“There is a chance that we could end up having a major, major conflict with North Korea. Absolutely.” – so dictatorship is good until my generals clue me in to what the hell is going on outside of MarALago.
“Hey, I’m a nationalist and a globalist. I’m both.” – typical from a guy who doesn’t have any principles except self-aggrandizement
“How stupid are the people of Iowa?” – good question. Probably no more stupid than the president who was unable to find it on a map.
“We’re going to have great healthcare at a lower cost.” – suuuuure. World’s greatest deal maker in action.
“I would say communication would be a little bit less than an A because I don’t think we’ve gotten the word out what we’ve done because I think we’re so busy getting it done that we’re not talking about it. Sean [Spicer]’s doing a good job, excellent job.”
“Fox treats me well.” – all you have to do to be accurate in DonaldLand is to sing praises of Trump. We are onto the game.
“I would never buy Ivana any decent jewels or pictures. Why give her negotiable assets?”
“She does have a very nice figure. I’ve said that if Ivanka weren’t my daughter, perhaps I’d be dating her.”
“Statistically, my children have a very bad shot. Children of successful people are generally very, very troubled, not successful. They don’t have the right shtick. You never know until they’re tested. But I do well with my children.”
“The beauty of me is that I’m very rich.”
“The point is, you can never be too greedy.”
“I thought being President would be easier than my old life.” — what a lovely family man. No wonder his wife lives apart from him and his poor children are using the State Department to aid their unprivileged businesses. Nice job getting those Trump trademarks fast tracked in China, the nation you claimed was a currency manipulator.
This president is the worst piece of flip flopping trash the nation has ever seen.
Great news, Mydol is running a Libtard Special just for you! Eight-year supply to help alleviate your bloating, whining and cramps…. enjoy, bïtch.
what is sad is the unelectable Basket of Irrelevants that the Democrat party has become…JFK wouldn’t piss on you jackasses if your ass was on fire.
bleh…you aren’t worth it, racist puke.
I don’t care about your biography…I am just giving you some of your own medicine that you have accused others of in defending that Kenyan piece of shït the last eight years…you don’t like it?
..and you are a living example of it…you have posted over and over again on this forum shit like “you hate Obama because you can’t stand a black man being president.” It’s a matter of record, so fück you and your phony race card horseshït, puke.
..the only extinction is the Democrat party and the lie of identity politics whose only function is to divide Americans.
This is reality, sycophant:
• The Presidency
• The Senate
• The House
• The Supreme Court
• The Governorships
• The State Houses
The Dodo-Dems have no power, they are impotent…now, go hop on your unicorn and fly somewhere over the rainbow.
Will Trump apply the kiss of death to this company too?
“A funny thing happened on Wall Street in Donald Trump’s first 100 days in the White House: Shares of companies that got closest to the president lagged the market’s march higher.”
An even funnier thing happened on Wall Street, The Muslim Usurper has accepted a $400K speaking “fee” to address his beloved contributors…but that’s okay, it’s only appropriate that The Fat Cats pay-off The Big Püssy.
Here’s my point:
Probabaly profiting from the meeting by having the meeting at Mar-a-Lago. I can only hope he manages just one coherent sentence. It’s a lot to ask, I know.
I smell a rat.
Trump: Welcome to Mar-a-Lago. I am desperately trying to recruit press opportunites to distract everyone from the fact that I haven’t accomplished jack shit during the first 100 days of this miserable job. Everyone except Fox news reports that my approval ranking is in the tank.”
Foxconn: “Well China provides free land, zero taxes, and $1/hour labor rates. Why don’t you build us a factory and get your lazy Americans to work 16 hour days and share beds in dormitories on site.”
Trump: ” Well that is making America great again. Could your factory burn coal somehow?”
Foxconn: “Actually we prefer natural gas but if you provide free electricity and you keep your awful smokestacks downwind of our factory, we could work with that.”
Trump: “And you’re going to have a big wall to prevent any non-Americans from working there, right?”
Foxconn: “Certainly. You build the wall. We ensure nobody gets in except the 20 Americans we need to keep an eye on the robots building your iPhones.”