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Brazil News

Nokia announces sale of its 1.5 billionth S40 handset

Nokia announced on Wednesday that it has officially sold its 1.5 billionth S40-powered cell phone since the first S40 device — the Nokia 7110 — was released in 1999. A 21-year old Brazilian woman >>

Foxconn’s $12 billion Brazil iPad plant ‘in doubt’

Foxconn’s plans to build a $12 billion factory in Brazil dedicated to producing iPads is “in doubt,” government officials in Brazil told Reuters. Reportedly, negotiations have stalled because both sides have yet to >>

iPad maker Foxconn could spend $12B on new plants in Brazil

Hon Hai Precision Industry Co. Ltd.-owned Foxconn is considering spending up to $12 billion on new facilities in Brazil that would help the electronics manufacturer’s clients avoid high import taxes on devices shipped >>