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October 1, 2011 12:05 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/p6LZDHk3MjA/Foxconns-Brazil-Plan-Stalled
Foxconn's Brazil Plan Stalled
hackingbear writes with an article from Reuters about Foxconn's plans to move iPad production to Brazil. From the article: "A much-hyped $12 billion plan for Taiwanese manufacturer Foxconn to produce iPads in Brazil, announced in April by President Dilma Rousseff during an official visit to China, is 'in doubt'due to stagnant negotiations over tax breaks and Brazil's own deep structural problems such as a lack of skilled labor and bad infrastructure, government sources tell Reuters. '(Foxconn) is making crazy demands' for tax breaks and other special treatment, the official added. Local media have reported that Foxconn is also seeking priority treatment at Brazilian customs, which is notoriously slow even by the standards of emerging markets." 
Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/p6LZDHk3MjA/Foxconns-Brazil-Plan-Stalled
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