“Eike Batista, the world’s eighth richest man, expressed his desire last November for Apple to build a plant in Brazil, in part so Brazilians wouldn’t have to pay such high taxes on iPhones and iPads,” Kerry A. Dolan reports for Forbes.
“Now Brazilian news site RedeBomdia is reporting that Foxconn, the company that builds Apple products in China, is looking into expanding its factory north of Sao Paulo [in Jundiaí] in order to build products for Apple,” Dolan reports. “Batista, who is worth $30 billion according to Forbes’ recent World Billionaires’ list, would definitely be playing outside his usual field if he did invest in the Foxconn plant.”
Read more in the full article here.
[Thanks to MacDailyNews Readers “Dan K.” and “Judge Bork” for the heads up.]