Foxconn announced it is expanding its new Wisconn Valley Innovation Network to Green Bay as part of its initiative to foster and attract talent and connect with supply chain partners throughout the state. The company has entered into a definitive agreement to purchase a landmark property in downtown Green Bay, with a closing on the property and opening of the innovation center anticipated later this year.
“We are excited to expand our ‘Wisconn Valley Innovation Center’ network to Northeast Wisconsin where we hope it will inspire innovative ideas and catalyze cutting-edge solutions from companies and entrepreneurs in that part of the state. The innovation center at Green Bay will play a key role in our goal to create a vibrant AI 8K+5G ecosystem in the U.S., with Wisconsin at the heart of this vision,” said Terry Gou, Foxconn Founder and CEO.
“This investment marks another commitment by Foxconn to the State of Wisconsin and will ensure Foxconn’s contributions go well beyond the Wisconn Valley Science and Technology Park in Mount Pleasant, Racine County, and our North American headquarters in the City of Milwaukee.”
More than 200 Foxconn employees are expected to work at the center, where they will focus on developing applications for AI 8K+5G display technology that Foxconn is creating.
Read more about this announcement in BizTimes.