New factory of Taiwan’s Foxconn in Brazil to be located in state of Sao Paulo

21 September 2012

Taiwanese group Foxconn plans to build a new factory in Brazil in the city of Itu, some 103 kilometres from the city of Sao Paulo, the chairman of Foxconn in Brazil, Henry Cheng said in Sao Paulo cited by the Brazilian press.

The company, which has received support from state investment body Investe São Paulo since February 2010, acquired a plot of land covering over 100 hectares near one of the state’s main roads and plans to invest around 1 billion reals (US$493 million) in the factory, which is expected to start operating in the first half of 2014.

Production at Foxconn’s other factories in Brazil will not change once the Itu factory starts operating, as the company plans to replace imported parts with nationally-manufactured parts, thus bringing new technology to computer and electronics component manufacturing in the country.

The factory will be the company’s sixth in the state of Sao Paulo and its ninth in Brazil. The processing of choosing a site for the new factory took over two years.

Foxconn is one of the world’s largest computer and electronic components manufacturers and is present in 14 countries, including the United States of America, the Czech Republic, and Brazil, where it started operating in 2005. (macauhub)

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