The $12 Billion iPad Deal That Might Never Go Through

By , Sep 29, 2011

A few months ago we reported about Foxconn’s plans to open a factory in Brazil where it would produce iPads. The $12 billion deal is now at risk, according to Reuters.

Citing government officials, Reuters reports that the deal is stagnant, due to disagreements on tax breaks, but also because of the country’s unadapted infrastructures and the lack of skilled work force in Brazil…

“Yet the idea for a “Brazilian iPad” prompted immediate skepticism back home, where factories have struggled for years with high taxes, an overvalued currency and a lack of qualified workers due to poor education and a tight labor market.

The expected start date for production was first set for July, then delayed to November. Now, it is unclear whether the project will ever get off the ground, at least in the form that it was originally envisioned, the officials said on condition of anonymity.”

Looks like we’re not getting a “Made in Brazil” iPad anytime soon after all.

  • Share:
  • Follow:
  • MALdito

    If only they’d bring that factory here (to where I live)…

    • MrA

      Where do you live?

  • Soto

    Made in Mexico would sound better : )

    • Isaac

      +100000000000
      I´d love to work making Apple´s technology

  • XepptizZ

    I want a “made in venus” ipad 3.

  • thiago bonfim

    and this month Brazilian Government has increase in 30% import tax, yes, You’re not reading wrong, it has increased in 30% the tax in imported products! This is a shame! I really have no proud to live in this country.

  • proudtobepinoy

    Bring it here in the Philippines theres alot of skilled worker here! Im sure apple will not cost much.

  • farook

    y not relocate the plant to india where skilled labour are available n production cost is also very cheap