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Foxconn to build five new factories in Brazil

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Foxconn, which manufacturers various products for Apple, plans to build five additional factories in Brazil to help meet demand for Apple products, which are expected to combine for an annual run rate of nearly 400 million units within five years, reports “AppleInsider” (http://www.appleinsider.com)

São Paulo’s Secretary of Planning and Development of the State, Julio Semeghini, said the five factories, which are in addition to the one already believed to be turning out iPads and iPhones, will each staff roughly 1000 workers. Meanwhile, thousands of people reportedly lined the streets outside a labor agency located in the Chinese city of Zhengzhou last night hoping to land a job at one of Foxconn’s local factories, notes “AppleInsider.”

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