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Electronics Production | April 27, 2012

New Foxconn plant planned in Brazil

Brazilian billionaire Eike Batista told reporters on Thursday that he is planning a 1 billion USD factory with Foxconn.
Batista said he is considering putting forward half the investment for the factory, which would build batteries, solar panels and efficient street lamps, through his own companies.

The factory would be built at an industrial complex located in Rio de Janeiro.

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Source: Reuters
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