Trump Jobs Effect? Foxconn Reportedly Exploring Self-Driving Car Facility In Michigan

Chinese parts giant Foxconn will launch a second U.S. facility in Michigan that will focus on self-driving car development, the South China Morning Post reports. Foxconn founder Terry Gou said the advanced state of self-driving car development was part of the reason why the company made its move into Michigan. "Automotive development in the US is still more advanced than China," Gou said, according to the Post. Few details were available on the facility's cost, timeline to launch or exact scope. The news follows Foxconn's previous announcement that it was exploring making $10 billion in U.S. investments throughout the midwest.