Bloomberg News

Foxconn Board to Discuss Brazil Investment, IG Says

October 08, 2011

(Corrects name of the company in first paragraph in story published Oct. 7)

Oct. 7 (Bloomberg) -- The board of directors of Foxconn Technology Group will come to Brazil next week to discuss $12 billion in investment over the next four years, a columnist at Sao Paulo-based news website IG said, citing a speech made in Italy by Brazil’s Technology Minister Aloizio Mercadante.

The company may build the first touchscreen plant in Brazil, columnist Guilherme Barros said, citing Mercadente.

Link to company news: {2038 HK <Equity> CN <GO>} {2354 TT <Equity> CN <GO>}

--Editors: Harry Maurer, Philip Sanders

To contact the reporter on this story: Maria Luiza Rabello in Brasilia at mrabello@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net


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