Didn't see that coming, but should have! Foxconn is apparently planning to build a new factory in Brazil to build Apple products. The Chinese source article sites transportation costs as the reason for the move, but one can not discount the possibility that labour costs in China have now escalated too much to be competitive with other developing nations.
In Hong Kong, we've been hearing about the increasing costs of labour and the associated labour-protective contracts that must be signed. Now, we're beginning to see real effects of this.
Improved antenna, 4-inch screen, NFC e-wallet rumored for Apple's iPhone 5>China Times also noted that strong demand for Apple products, particularly the iPhone and iPad, has prompted Apple's manufacturing partner, Foxconn, to plan a new facility in Sao Paulo, Brazil. It was said that the new plant will be specifically to build Apple products, and production will start in 2013.
Log in to alivenotdead.com with one of these trusted providers
NOTE: Users of the original website please Click here to reactivate your account.
New users - Join the alivenotdead.comcommunity instantly by confirming your identity with a trusted authentication service.
Returning users - Please use with the same authentication service to login to your alivenotdead.com account.
First time users can create a new account from scratch by authenticate using any of the following trusted services:
WARNING: If you disconnect all your social media accounts your profile will be locked and you will not be able to access it again. If you want to keep your page, please add another social media account and then remove this one.
If you understand the risks, click this box to deauthorize your account.