Sunday, September 11, 2011

Bad Apples

Sometimes I get carried away... such as when I spread the news that Foxconn was building an Apple ipad factory in Brazil. I was even so foolish to provide a location for the factory.

Well, once again this is a Brazilian Novela: Apparently, the Foxconn-Factory will produce something else (Cell Phones, not from Apple) and will only build the 12bn R$ factory, if the state-owned development bank BNDES becomes a MAJORITY partner...

Looks like this project will not fly - at least, as the blogger at veja correctly states: No Brazilian ipads for Christmas.

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