Fox­conn to jointly de­velop Wis­con­sin gin­seng

The Myanmar Times - Weekend - - International Business -

FOX­CONN has signed an agree­ment to jointly de­velop Wis­con­sin’s gin­seng in­dus­try and grow its new­lyestab­lished Wis­con­sin-based brand.

The Tai­wan-based com­pany an­nounced the deal Tues­day. Gov. Scott Walker joined with rep­re­sen­ta­tives of Fox­conn and oth­ers for the sign­ing of the deal in Wausau.

Fox­conn Health Tech­nol­ogy Busi­ness Group signed the agree­ment with the Gin­seng Board of Wis­con­sin and the largest sup­plier of Amer­i­can gin­seng in the United States.

The deal is to jointly de­velop Wis­con­sin’s gin­seng in­dus­try and grow Fox­conn’s gin­seng brand, Hong Seng. Fox­conn says the agree­ment will bring to­gether its high-end in­spec­tion tech­nol­ogy and pro­duc­tion ca­pa­bil­i­ties to sup­port holis­tic de­vel­op­ment of the Amer­i­can gin­seng mar­ket. Fox­conn says it will also work with the Univer­sity of Wis­con­sin Car­bone Can­cer Cen­ter to pro­mote the study of Amer­i­can gin­seng’s health ben­e­fits, in­clud­ing in can­cer pre­ven­tion and treat­ment.

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