“The chairman of the Invest St. Paul, Luciano Almeida, confirmed this morning that Apple will produce mobile phones and tablets in Brazil,” Jon “DRJ” Najarian reports for OptionMonster. “The manufacturing will be done in the state by Taiwan’s Foxconn.”
“The Invest St. Paul is the agency of State government responsible for attracting investment and expansion in Sao Paulo,” Najarian reports. “According to Almeida, will be produced six million units of these products each year when the plant reaches full capacity in a period of 3 to 4 years. Right now, the forecast is for employees who are four to five thousand employees. In a second step, is not ruled out the manufacturing of computers.”
Najarian reports, “The chairman of the Invest St. Paul assured that the factory will be in the State of São Paulo and has ruled out the manufacturing of Apple products being made in Rio de Janeiro, with the support of the entrepreneur Eike Batista.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Travis L.” for the heads up.]