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Future of Foxconn Project in Question

Thursday, April 18th, 2019 -- 1:14 PM

(WRN) -The future of Foxconn's Wisconsin project is in question as its founder eyes a presidential run.

Bloomberg reports that Foxconn founder Terry Gau has announced his candidacy for the Taiwanese presidency. This came after rumors that he'd be stepping down as CEO of the technology company.

There's no clear successor in the path if Gau does step down to run Taiwan, leaving more doubt in the proposed construction of the Foxconn plant in Racine.

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