The largest Taiwanese industrial conglomerate is considering opening new plants in the US
According to the source, the new U.S. President plans to cut taxes of businesses with 35% to 15%, taking advantage of the majority party in Congress and the Senate. This, in particular, would return to the country of capital and industries that are now hosted in Mexico, China and other countries. At the same time can be increased by customs duties, which will make the location of industries in SSHE more attractive compared to imports of finished products. Companies such as Samsung and LG are already considering the possibility of moving their Mexican production in the United States.
Moreover, allegedly, the largest Taiwanese industrial conglomerate Formosa Plastics Group is considering opening new plants in the US. This was reported by the source, referring to the words sandy Vaughn (Sandy Wang), a member of the senior management of the Formosa Plastics Group.
Note that in the composition of the conglomerate included, in particular, the memory manufacturer Inotera Memories, printed circuit Board manufacturer Nan Ya Printed Circuit Board and other companies producing electronic components.
Source: Patently Apple