Hon Hai chief says he had considered investing in U.S. panel sector
Jan 22, 2017AthleticComments Off on Hon Hai chief says he had considered investing in U.S. panel sector
Taipei-- Terry Gou (???), chairman of Hon Hai Precision Industry Co., the world's largest electronics contract manufacturer, confirmed Sunday that he had considered investing in the panel sector in the United States, but said such investment depends on the new U.S. government's relevant policies.
Gou made the remarks in an informal meeting with local and foreign reporters at Hon Hai's year-end weiya earlier in the day.
He was responding to SoftBank Group chief executive officer Masayoshi Son's revelation of Hon Hai's intention to invest in the U.S. during his meeting with then-U.S. President-elect Donald Trump in December last year.
Confirming that he and Son had spoken on the phone before Son's trip to the U.S., Gou said they both talked about SoftBank's plan to invest in the U.S.
Son had asked him if Hon Hai will follow suit with investment in the panel sector, Gou said.
Gou said he had thought it was nothing but chat between two good friends until he found that Son had disclosed the conversation during his meeting with Trump.
It is a fact that he had a talk with Son, Gou said, and at the time he was just expressing his opinions on the proposal.
During the meeting with media reporters, the business tycoon admitted he had once considered investing in the U.S. because he sees no panel manufacturing chain has been built in that country yet.
However, whether or not to make such investment will have to be decided after the new U.S. government presents its policies in the area, Gou said.
The weiya is a year-end event usually organized by companies for their employees, to express their thanks for their workers' contributions.