Foxconn will be getting its Wisconsin factory up and running in 2020, company chief Terry Gou has promised, insisting the Apple assembly partner will start mass production at the troubled facility at some point this year, despite its slow progress.

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Foxconn saw sales rise year-over-year in the March quarter by 2.5 percent, but profits fall 17.7 percent, in what's believed to be a sign of lowered demand among major clients beyond just Apple.

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Terry Gou, the CEO of Apple assembly partner Foxconn and candidate for the presidency of Taiwan, has met with President Donald Trump on his visit to the United States, ahead of a visit to the controversial project in Wisconsin to build new facilities.

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Foxconn's chairman, Terry Gou, said on Wednesday that he's running to become President of Taiwan, a move that could trigger political and economic waves including at Apple.

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Long-time Foxconn CEO Terry Gou has announced that he will step down from his post as the head of Apple's largest manufacturing partners.

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