Foxconn Technology Group has announced a $1 million “Smart City, Smart Future” competition to encourage innovative ideas from higher education students and faculty around the state of Wisconsin.
Foxconn’s Director of U.S. Strategic Initiatives Alan Yeung announced the effort Thursday morning at the University of Wisconsin-Parkside and was joined by leaders of UW-Parkside, Marquette University, Gateway Technical College and the Wisconsin Economic Development Corp.
Foxconn is building a massive LCD display screen factory in Racine County. Early this year, the state’s legislative fiscal bureau estimated total state and local incentives to Foxconn could reach nearly $4.5 billion if the company reaches it’s goal of creating 13,000 jobs at the factory.
Foxconn executive Alan Yeung speaks at a news conference Thursday, May 10, 2018 at the University of Wisconsin-Parkside.Chuck Quirmbach/WPR
“Smart cities mean different things to different people,” Yeung said. “If you are a community leader or a political leader, you could be looking at how we can serve our citizenry a lot better. If you are an energy provider, we want to bring in sustainable energy and actually have a grid that would connect to different places.” Read the full story here.