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Top Foxconn executive buys $2m home in Wisconsin

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FILE - In this Thursday, June 28, 2018, file photo, President Donald Trump, left, takes a tour of Foxconn with Foxconn chairman Terry Gou in Mt. Pleasant, Wis. Gou says the Taiwanese company is moving forward with its plan to build a manufacturing facility in Wisconsin and President Donald Trump has promised to visit when production starts next year. Gou met with Trump on Wednesday to discuss the ever-changing project. Foxconn, the world's largest electronics company whose customers include Apple, Amazon and Google, plans to build a display screen factory in southeast Wisconsin. (AP Photo/Evan Vucci, File)

MILWAUKEE (AP) — A top Foxconn Technology Group executive has purchased a $2.18 million home in Wisconsin.

Alan Yeung and his wife, Stella Chan, bought the home in Elm Grove on March 5, the Milwaukee Journal Sentinel reported Friday.

The 10,300-square-foot home has five bedrooms and six bathrooms. It had the second-highest price tag of any home for sale in Elm Grove when it was sold, according to online realtor sites.

The sale was first reported in BizTimes.

Yeung is Foxconn’s director of U.S. strategic initiatives. The company has promised to build a $10 billion electronics factory in Mount Pleasant, creating 13,000 jobs.

The Wisconsin Economic Development Corporation denied tax credits for the company in October because it hadn’t fulfilled the minimum job-creation requirements to earn them.

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