3 ms·
This is a very weird and directionless interview. The interviewer seems to talk more than the interviewee - but the core seems to be here: > In the global sens
by legitster 5y ago
This is a very weird and directionless interview. The interviewer seems to talk more than the interviewee - but the core seems to be here:
> In the global sense, Chinese manufacturers were flooding the market with big panels because they have a lot of Gen 10.5 — or maybe even a Gen 11 — fabs coming on stream. A lot of those products were shipped based on tremendous amounts of support and subsidies within mainland China. Even the Foxconn fab in southern China had a tough time competing.
> The business environment and investment climate changed a lot in Wisconsin, partly because we did have a change of leadership within the governor’s mansion. That is not the entire reason, but it is a big chunk of it. If you remember, there were a lot of collaborations between Governor Walker and the administration with the company called Foxconn.
TL;DR: Wisconsin couldn't outspend and out-currency-manipulate China to subsidize manufacturing, and a signed deal means nothing if no one wants to go through with it.