Displaying items by tag: Wisconsin
Taiwanese electronic colossus Foxconn has now admitted that it is currently reassessing its plans to invest in a new $10bn factory in Wisconsin.
When first announced it was hailed as a significant win for US President Donald Trump who had promised rust-belt states that he would breathe new life into the manufacturing sector and create millions of jobs.
However, that deal now may be dead in the water due to the ongoing dispute between Beijing and Washington that is becoming increasingly toxic.
Foxconn manufactures devices and components for a host of the world’s leading technology leaders including Apple, and had previously unveiled its plans to build the $10 billion plant to make LCD flat screen televisions which would also in turn create around 13,000 new jobs.
The investment was vetoed by $4bn in controversial tax concessions which were embraced by Trump who said the deal was another illustration of his campaign promise which was to put America ‘first’ again. Trump has also tried to strong arm other tech giants like Apple offering them tax breaks if they move manufacturing back to the United States.
Trump appeared with Foxconn CEO Terry Gou at a groundbreaking ceremony proclaiming and stated that, "This is just the beginning. This is one of the largest plants in the world."
However, the global economic climate roiled by Trump's trade war with China where Foxconn has most of its assembly lines -- has led officials at the Taiwanese company to look again at the plans.
"The global market environment that existed when the project was first announced has changed. As our plans are driven by those of our customers, this has necessitated the adjustment of plans for all projects, including Wisconsin," Foxconn said in a statement Thursday.
However, Foxconn has moved swiftly to deny it’s pulling out of the proposed investment and released an official statement saying it is remained committed to building its science park in Wisconsin and wants to help create 13,000 jobs".
Woo told Bloomberg, "We’re not scrapping our plans at all. However, given the global economic conditions and the trade tensions between China and the US, its’ impossible to say that we can always stay committed to our original plan without any change."
US Cellular, the fifth-largest full-service wireless carrier in the United States, and Ericsson, have completed a joint testing of various 5G use cases at 28GHz. The tests, a significant step toward the launch of a 5G network, were conducted in rural and suburban environments in Madison, Wisconsin.
The trials were conducted under a variety of real-world conditions, and they achieved peak throughput speed of 8.5Gbps. In addition, virtual reality was tested, achieving peak speeds of 4Gbps. This virtual reality test was one of the highlights of the trial, as it proved how the ultra-high speeds and low latency of 5G will enable VR applications.
The companies also tested augmented reality, advanced beamforming and Massive MIMO. The live over-the-air trials expanded on 5G trials between the two companies in 2016 that achieved 9 Gbps at 15GHz.
“This was an important trial for us to understand the propagation characteristics and path loss at 28Ghz, and we are pleased with our learnings,” said Michael S. Irizarry, Executive Vice President and Chief Technology Officer, US Cellular. “Our customers deserve to have a network that keeps up with their lifestyle, so we are constantly working to ensure that they will always have access to the latest technology and data speeds available.”
According to the most recent Ericsson Mobility Report, approximately 25 percent of all subscriptions will be 5G in North America in 2022, representing the highest market penetration in the world.
“5G activities continue to accelerate across North America as all operators prepare for deployments. US Cellular is aggressively testing 5G to determine how to best leverage the new capabilities for its customers,” said Niklas Heuveldop, Head of Market Area North America, Ericsson. “Working with US Cellular on this series of 5G trials has been greatly beneficial for Ericsson as we continue to explore innovative applications that 5G networks will enable.”