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Foxconn Plans to Begin iPad Assembly in Brazil Starting November

Foxconn is planning to begin assembling Apple’s iPad tablet PC at its plants in Brazil by end-November, according to Aloizio Mercadente, Brazil’s science and technology minister.

Reuters reports that Foxconn Technology Group is also considering investing $12 billion in Brazil to assemble monitors, according to Brazil’s President Dilma Rousseff.

“You’ve got an ample range of investments that go from $300 to $400 million to $12 billion over 5 to 6 years in the case of Foxconn,” Rousseff said, speaking of discussions Brazil’s government is having with various technology companies.

“They’re proposing a partnership. They came to us and said we want to invest in Brazil.”

Read More [via MacStories]


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