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Foxconn confirms US investment; Softbank soars

They are involved in a US$50b deal announced by Donald Trump in New York, alongside Softbank CEO Masayoshi Son

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Published Wed, Dec 7, 2016 · 09:50 PM

    Taipei

    TAIWAN'S tech giant Foxconn confirmed on Wednesday that it was in talks over a new US investment, while SoftBank shares soared after President-elect Donald Trump unveiled a US$50 billion deal with the two firms.

    Mr Trump announced the agreement - which he said would bring 50,000 jobs - in the lobby of Trump Tower in New York, alongside SoftBank's flamboyant chief executive, Masayoshi Son.

    Donald TrumpFoxconn

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