Foxconn's Brazil Plan Stalled

hackingbear writes with an article from Reuters about Foxconn's plans to move iPad production to Brazil. From the article: "A much-hyped $12 billion plan for Taiwanese manufacturer Foxconn to produce iPads in Brazil, announced in April by President Dilma Rousseff during an official visit to China, is 'in doubt' due to stagnant negotiations over tax breaks and Brazil's own deep structural problems such as a lack of skilled labor and bad infrastructure, government sources tell Reuters. '(Foxconn) is making crazy demands' for tax breaks and other special treatment, the official added. Local media have reported that Foxconn is also seeking priority treatment at Brazilian customs, which is notoriously slow even by the standards of emerging markets."

Comments

Brazil

[Anonymous Coward]

Let us get this out of the way, since there is bound to have lots of posts similar to mine. I will make it short:

I am a Brazilian living in Brazil and it sucks...it really really sucks over here.

Re:Here's a crazy idea for you...

[Vinegar Joe]

Maybe because the SC state government is about as fucked up as the one in Brazil and can't be trusted to honor the agreements they've signed? Like the one with Amazon?

Not to mention our 3rd world education system. The football coach at my son's high school makes twice what the teachers make. Five of the kids in my son's homeroom can't sign their own names. Some of that good Brazilian run would be nice right about now.