Contract manufacturing giant Foxconn said it plans to build a multibillion-dollar facility in Michigan to develop autonomous vehicles, according to a report in the South China Morning Post.
Foxconn, also known as Hon Hai Precision Industry Co., recently announced that it plans to open a $10 billion LCD-panel facility in Wisconsin as well.
“Automotive development in the U.S. is still more advanced than China,” Foxconn founder Terry Gou said in the South China Morning Post. “Besides self-driving technology, I’m also interested in artificial intelligence and deep learning technology.”