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The following article was published in our article directory on April 13, 2011.
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Foxconn intends to invest $120 billion to produce iPad in Brazil

Article Category: Business

Author Name: Amanda xzh

Beijing time April 13 news, according to foreign media reports, Brazilian President tamar Deere Rowe Dilma Rousseff tucked kauf (said on Tuesday, and the largest electronic product generation industry and commerce, possibly in the future foxconn 5-6 years to Brazilian investment to 120 million dollars to build a factory.

ROM. Plug husband in Beijing revealed that the Brazilian government is working with the management talks. Foxconn Brazil technology minister arlo guthrie brought with Aloizio metcalfe, alessio Dan (Mercadante) said the new factory could create 10 million jobs. He said Brazilian government provide foxconn requirements, such as infrastructure assurance energy supply, broadband and airport, etc.

An official foxconn in Brazilian companies not only for apple iPad, iPhone and production for HP, SONY and to produce the products. Such as dell Brazil plan to electronic manufacturer provides preferential tax policy, make oneself become Latin American manufacturing center. The Brazilian government also plans to provide public school students in the education system, improve the tablet computer the modernization level.

Because of China's coastal area labor costs rise, forcing many company will produce business move to China mainland more cheap labor. Foxconn factory in Brazil, will help high-tech companies around the country's high import duties. Brazil is South America one of the countries highest import tariffs.

For example, apple iPad is the cheapest in Brazil's retail for around $860, but in America, just $400. Previous reports, apple CEO Steve jobs last year had attacked Brazil's tariff barriers. But as one of the four ingot, Brazil has been considered attractive consumer market.

Other companies have also took aim at Brazil. MOTOROLA is planned to use the Brazilian government provide tax cuts, a factory in Sao Paulo Xoom tablet computer. MOTOROLA says, is currently waiting for encouraging policy details released. LG electronics also plans in the second half of this year in Sao Paulo production Optimus contracting Pad tablet computer.

Besides Air China, naval outside, east airways also plans this year will executive number increased to 3 frame, and has not involved in executive market in the near future, will also CSN formally introduce a frame, and probably airbus executive established independent executive company. In addition, the current domestic market include the public al executive company (9 frame), a commercial airline (too guest 2 frame), Beijing citic navigation company (3 frame), and are considering the shenzhen donghai company established, above fleet including custody plane quantity.

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