Foxconn Wants to Start Assembling iPads in Brazil by July

Foxconn wants to begin assembling iPads in Brazil by July but wants the government to give it tax breaks and other concessions as part of an investment plan worth up to $12 billion, according to Reuters.

Foxconn has moved up its desired start date for assembling iPads in Brazil to July from November, seeking to tap massive demand for the device in Brazil's booming consumer market, according to newspapers Estado de S.Paulo and Folha de S.Paulo. Their reports quoted government officials.


"It's a daring timeline. Whatever is within our reach, we're going to work on making that viable," Science and Technology Minister Aloizio Mercadante told Folha.

Foxconn initially said it wanted to start assembling Apple's iPad tablet PC at its plants in Brazil by end-November.