Foxconn Gives Sharp the Lead on $7 Billion U.S. Manufacturing Plant

Following weeks of reports and speculation on the potential opening of a United States-based factory built by Apple suppliers Foxconn and Sharp, a report from Reuters today states that Sharp is "taking the lead" on a $7 billion plant in the U.S. that was initially outlined by parent company Foxconn. The plant will break ground sometime in the first half of 2017.The timing of the news coincides with Japanese Prime Minister Shinzo Abe's incoming meeting with President Donald Trump, the driving for