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Foxconn Has Given UW-Madison Only 1 Percent Of $100 Million Pledge

Company Made The Deal 2 Years Ago For University Building, Foxconn Research

By
Foxconn sign
Kin Cheung/AP Photo

The University of Wisconsin-Madison has received less than 1% of the money Foxconn Technology Group pledged to it two years ago.

In August 2018, Foxconn committed $100 million to the university to help fund an engineering building and for company-related research. But Foxconn critics say the Taiwanese technology company has failed to live up to that pledge, giving the university $700,000 in the first of a five-year agreement and no money over the past year.

Foxconn has not commented.

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Foxconn saw changes in its leadership in 2019. Foxconn founder Terry Gou resigned to pursue political office. And his special assistant, Louis Woo, stepped down for personal reasons.

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