Sharp Corp, the Japanses display maker, may break ground on a $7 billion plant in the U. S. as Japanese Prime Minister Shinzo Abe readies for his first meeting with President Trump, Reuters reported.
A Sharp spokesman told Reuters that no final decision has been made on the plant.
(Reuters)
Sharp Corp, the Japanses display maker, may break ground on a $7-billion plant in the U. S. as Japanese Prime Minister Shinzo Abe readies for his first meeting with President Trump, Reuters reported.
A Sharp spokesman told the news agency that no final decision has been made on the plant, but the report said Sharp is taking the lead on a project initially outlined by its parent company Foxconn.
The report said that the chief executive of Foxconn floated the idea about the $7-billion display-making plant. He did not elaborate where or when the project would occur.
VIDEO: US ECONOMY ADDED 227K JOBS IN JANUARY
Japan, which has a consistent trade surplus with the U. S., is putting the finishing touches on a package that it claims will create 700,000 jobs in the U. S. and help create a $450-billion market, Reuters reported , citing government sources familiar with the plans.
