Foxconn to build five new Brazilian factories for future Apple products

Foxconn plans to build five additional factories in Brazil to produce liquid crystal displays for future Apple products. The 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. The five factories are in addition to the one already believed to producing iPads and iPhones, and each is reportedly set to employ roughly 1,000 workers. In addition to building Apple products, the factories will also manufacture notebooks, batteries and general electronics products. Officials from both Foxconn and the Brazilian government are said to be meeting to finalize the agreement soon, which São Paulo and ne... »read more

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