Saturday November 17, 2012

Foxconn Buys 350 More Acres of Land in Brazil

The climate in Brazil must agree with the management of Foxconn since the company has invested a further $12.64 Million for an additional 350 acres of land for factory expansion.

The company has said that it planned to invest $492 million to build a new facility in Sao Paulo, Brazil to produce smartphones, tablets and other electronic devices.