Feeds

iPad maker goes Brazilian

Cost-trimming for Taiwanese giant

Intelligent flash storage arrays

iPad and iPhone maker Foxconn is considering a big investment in Brazil.

Foxconn is a huge group with annual turnover of $62bn and about a million employees, many in mainland China; it claims to be China's biggest exporter. It runs the huge Shenzhen campus, which has been the scene of worker protests and suicides. It makes parts for Apple, and just about every other technology company.

The hint of a move came from Brazilian president Dilma Rousseff, currently visiting China. She told AFP that Foxconn was considering a $12bn spending spree in Brazil – enough for a substantial manufacturing facility, or two. The move is possible within the next five to six years and the government was forming a working group to look at issues raised, she said.

Chinese companies are struggling with wage inflation and demands for improved working conditions from workers on the mainland.

Increasingly companies are choosing inland sites where wages are lower and jobs scarcer.

As the economy continues to grow in China so companies will continue to look overseas in order to cut costs; Chinese investment in Africa shows no sign of slowing.

Last year, Foxconn hit back at claims of unusually high suicide rates at its factories. ®

Security for virtualized datacentres

More from The Register

next story
TEEN RAMPAGE: Kids in iPhone 6 'Will it bend' YouTube 'prank'
iPhones bent in Norwich? As if the place wasn't weird enough
Consumers agree to give up first-born child for free Wi-Fi – survey
This Herod network's ace – but crap reception in bullrushes
Crouching tiger, FAST ASLEEP dragon: Smugglers can't shift iPhone 6s
China's grey market reports 'sluggish' sales of Apple mobe
Sea-Me-We 5 construction starts
New sub cable to go live 2016
EE coughs to BROKEN data usage metrics BLUNDER that short-changes customers
Carrier apologises for 'inflated' measurements cockup
Comcast: Help, help, FCC. Netflix and pals are EXTORTIONISTS
The others guys are being mean so therefore ... monopoly all good, yeah?
Surprise: if you work from home you need the Internet
Buffer-rage sends Aussies out to experience road rage
EE buys 58 Phones 4u stores for £2.5m after picking over carcass
Operator says it will safeguard 359 jobs, plans lick of paint
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.