The planned Foxconn plant, which was announced in a press conference at the White House, will initially create 3,000 jobs, with the maximum 13,000 jobs to be opened in the near future.
In January, Gou himself said Foxconn could invest more than $7 billion in the United States during the Trump administration.
"If I didn't get elected, he definitely would not be spending $10 billion (in the U.S.)", Trump said. Foxconn's plant is projected to generate up to $181 million in local and state tax annually, and will span over a 20 million-square-feet campus. It will make LCD screens for Apple Inc. products, including iPhones and iPads, and is to receive $3 billion in tax subsidies to be approved by state legislators.
"This is will be the very first public project among our investment plans in several USA states", Gou said at the White House event, Shanghai Media Group reported.
The factory will be built in his Congressional district, which has an unemployment rate approaching 10 percent, much higher than the state-wide 3.2 percent.
Governor Walker and other key state are expected to be at the White House on Wednesday, if the expected announcement is about Foxconn and Wisconsin.
The announcement comes a week after Trump highlighted manufacturing growth as part of his "Made in America" week.
The Taiwanese manufacturer was long rumored to be expanding into the United States. The plant has yet to be built.
President Donald Trump announced on Wednesday that Apple (AAPL) iPhone-maker Foxconn Technology Co. Moore says "my constituents have no interest in me entertaining the president's desire to be used as a backdrop in his photo op".
Foxconn, which knows how to scale up the manufacturing of IT devices of all types but also has been cited in the past for poor working conditions by several worldwide watchdog agencies, also will make dashboard screens for automobiles in addition to health care devices, Walker said. He said a lot of other states wanted Foxconn and put more money on the table, but Wisconsin's bid still won out.