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Electronics Production | September 19, 2012

Foxconn to invest 492 million USD in Brazil

Foxconn is ready to invest in Brazil, with a 492 million USD deal to expand manufacturing capabilities.
The plant will be built in Sao Paulo, and according to a statement by the company today, reported by MarketWatch, is expected to produce approximately 10,000 jobs producing various parts for smartphones, tablets and other electronics devices.

Construction is expected to begin in 2014 and completion is set for 2016.

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June 21 2016 10:42 PM #1799-1