• Foxconn Gets Busy in Brazil for Apple

    Apple's investment and faith in Brazil continues to grow by the month.

    On the heels of reports that Apple reportedly now considers Brazil to be among the top emerging markets (like China) ripe for iDevice consumer adoption, today comes word that Apple's manufacturing partner Foxconn is ramping up production efforts in Brazil to a whole new extent.

    According to Julio Semeghini, São Paulo's Secretary of Planning and Development of the State, Foxconn is now in the planning stages of building five more production plants in Brazil almost exclusively for the purpose of keeping pace with production demand for iPhones and iPads.

    Estimates out of Brazil suggest that the five factories in question will have a cumulative capacity to crank out 400 million units annually by 2017. It was not stated Tuesday as to whether or not the current Foxconn plant in Brazil (which supposedly produces iPads and iPhones already) will continue to chiefly focus on the production of Apple products in the future.

    The Brazilian government is still in negotiations with Foxconn regarding the location of the new plants, which Semeghini said would employ up to 1,000 workers each.
    During Apple's January 24th earnings call, CEO Tim Cook expressed his interest in Brazil as a major future market for Apple but stopped short of predicting that Apple will soon boast a retail presence in the country.

    Source: Fox Business
    This article was originally published in forum thread: Foxconn Gets Busy in Brazil for Apple started by Michael Essany View original post
    Comments 2 Comments
    1. Greatbiguns's Avatar
      Greatbiguns -
      400-Million Units Annually!!
      As long as there are a couple for me...
    1. AUZambo's Avatar
      AUZambo -
      Quote Originally Posted by Greatbiguns View Post
      400-Million Units Annually!!
      No kidding....and that's just the factories in Brazil. That doesn't include any of the others.
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