Report: Foxconn to assemble iPad in Brazil | iLounge News

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Report: Foxconn to assemble iPad in Brazil

Speaking with reporters, Aloizio Mercadente, Brazil’s science and technology minister, said that Foxconn plans to start assembling iPads in its plants in the country by mid-November. Reuters reports that Mercadente’s comments come as Brazil’s President Dilma Rousseff has said that Foxconn was considering making an investment of $12 billion to assemble monitors in the country. “You’ve got an ample range of investments [from other tech companies] that go from $300 to $400 million to $12 billion over 5 to 6 years in the case of Foxconn,” Rousseff said during a recent trip to Beijing to meet with Chinese President Hu Jintao.. “They’re proposing a partnership. They came to us and said we want to invest in Brazil.”

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