MADISON, Wis. (AP) — University of Wisconsin-Madison Chancellor Rebecca Blank says she isn’t expecting the Foxconn Technology Group to honor a $100 million pledge it made to the school nearly three years ago.
The pledge made back in August 2018 was promoted as the biggest research partnership in UW-Madison history.
Foxconn would make the investment in engineering and innovation research at the university.
A public records request made by the Wisconsin State Journal to UW-Madison showed on Monday that the Taiwanese electronics company gave $700,000 in the first year of the five-year agreement.
That’s less than 1% of the original commitment.