Electronics Production | April 14, 2011
Foxconn with major investment in Brazil
Taiwan-based EMS-provider Foxconn is reportedly planning to invest USD 12 billion to expand its manufacturing operations into Brazil.
Several media reports - citing Brazilian President Dilma Rousseff - suggest that Foxconn could spend as much as USD 12 billion over the next 5 years to expand its manufacturing operations in the South American country. While Foxconn does not seem to confirm this information, the company is said to give 'serious consideration' to the idea.