Location, location, location.

That old axiom about the most important factors in the real estate industry also applies to high technology, a top Foxconn Technology Group executive said Tuesday in discussing why the Taiwanese company chose to create one of its U.S. innovation centers in Eau Claire.

“We see place and location as a value driver, meaning at the right place and at the right location you can create new products, new applications, new solutions, maybe even new companies,” Alan Yeung, Foxconn’s director of U.S. strategic initiatives, said in an interview.

Downtown Eau Claire, with its mix of technology workers and UW-Eau Claire students living at Haymarket Landing, is just the kind of place Foxconn seeks when trying to create a work environment that will generate innovation, Yeung said. Read the full story here.