Five new Foxconn factories coming to Brazil
We have seen Foxconn in news for both right and wrong reasons. Today we have heard that the manufacturing giant plans to build five additional factories in Brazil to produce liquid crystal displays for future Apple products. These are in addition to the one that already manufactures iPads and iPhones and employs roughly 1,000 workers. This plan was announced by the Secretary of Planning and Development for the State of São Paulo, Julio Semeghini, and reported by Brazilian news outlet, Folha.
Besides building Apple products, the factories will also roll out notebooks, batteries and general electronics products. Both Foxconn and Brazilian government are expected to meet and put the finishing touches to their agreement soon.