Taiwan's Foxconn mulls Brazil touch screen factories

Oct 13, 2011
Workers assemble electronic components at Foxconn's factory in Shenzhen in 2010. Brazil is in negotiations with Taiwan IT giant Foxconn to open two factories to manufacture touch screens in a multi-billion dollar project, a top Brazilian official said Thursday.

Brazil is in negotiations with Taiwan IT giant Foxconn to open two factories to manufacture touch screens in a multi-billion dollar project, a top Brazilian official said Thursday.

"What is under discussion with is a major investment to produce touch screens, which are so far only made in four countries in the world," said Science and Technology Minister Aloizio Mercadante.

"And Brazil would be the first Western country to produce them," he said, estimating the project would be worth several billion dollars.

He did not give any further details, other than to say there would also be Brazilian investors and the participation of the state-run Brazilian Development Bank.

In return Brazil was asking for "unrestricted technology transfer," he added.

Foxconn has been working in Brazil since 2003, and already operates four in Latin America's biggest economy. A fifth is being built in Jundiai, in Sao Paulo state.

During a visit to China in April, Brazilian President Dilma Rousseff said Foxconn, which makes iPads and iPhones, was considering investing $12 billion in Brazil to build computer and mobile phone components.

She said a working group had been formed to study the proposal.

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User comments : 1

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Nanobanano
not rated yet Oct 13, 2011
Don't think you're getting them jobs, Brazil. They will replace you with ROBOTS.

Los humanos seran reemplazados por computadoras.

See there? I don't even know that much spanish. Google Translate knows everything though.

"Your men are obsolete."

Sus hombres se han quedado obsoletas

Unfortunately.

Knowing a language is no longer even matters on a resume. Just google it...

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