Tuesday, November 6, 2018

Foxconn’s $100M deal with the University of Wisconsin has students worried

<em>Terry Gou, Foxconn Technology Group’s chairman, and the University of Wisconsin–Madison’s chancellor Rebecca Blank sign a partnership agreement.</em>

At the University of Wisconsin-Madison in late August, chancellor Rebecca Blank and Foxconn chairman Terry Gou announced the largest industry research partnership in the school’s history. The Taiwanese tech giant would invest $100 million in the school and help establish a new research facility for the College of Engineering. “UW–Madison and Foxconn share a commitment to pushing the boundaries of knowledge through interdisciplinary research and we are deeply grateful for Chairman Gou’s support and partnership,” Blank said.

Last year, Wisconsin Gov. Scott Walker wooed Foxconn to the state with the promise of a $3 billion subsidy, which grew to $4.1 billion and included exemptions from environmental regulations, special treatment from...

Continue reading…

Disqus Comments