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Technology Stocks : Apple Inc.

AAPL 259.35

+0.1%

Jan 9 9:30 AM EST

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To: Cogito who wrote (113175)	5/29/2011 2:30:59 PM
From: 2MAR$	Read Replies (1) of 213182

Foxconn planning to build $12Bil Apple assembly plant inland near Sao Paulo Brazil chinatechnews.com maybe this wasn't posted , HUGE Chinese inroad & investment in Brazil A delegation from Foxconn will soon arrive in Brazil to release more details about the construction of the new factory. Apart from the assembly of iPads and iPhones, the new plant may also produce computer screens. Foxconn will reportedly invest USD12 billion in the new plant and the company's main demand is that the Brazilian government will allow iPhones and iPads to enjoy the same preferential tax treatment as computers and laptops. According to reports in local media, electronic components for Apple products have already been shipped to the warehouses in the FazGran industrial area, which is in the suburb of Jundiai. Foxconn declined to comment on the news.

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