Foxconn Aims to Set Up Five Factories in Brazil

Foxconn is an important part of Apple as the Cupertino-based tech giant depends on Foxconn to large extent for producing its popular iPhones and iPads. The more swiftly the business prospers for Apple, the better Foxconn does.

Although, Foxconn has huge production facilities, but these facilities are not huge enough to keep up with Apple demand, so the company is planning to establish five more facilities in Brazil so as to keep up with the Apple demand.

AppleInsider reports that each facility will looking forward to employ about 1,000 employees.

It is important to note here that Foxconn facilities are not just limited to produce Apple hardware, as these facilities are also used to notebook production and other general electronics production.

It is yet not decided where these five facilities will be established. The company officials are intended to meet with Brazilian government officials in order to decide on the best locations for the facilities.

Foxconn’s intentions of building five more production facilities are a clear sign of how well the business is going for both Apple and Foxconn. We cannot also ignore the fact that putting up one such facility won’t be a cheap proposition and establishing one facility will cost Foxconn huge investment. Setting up five such facilities would definitely be a big step from the Foxconn.

Providing workers healthy incentives may likely help Foxconn to produce huge profits.

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