AppleInsider reports that Brazilian billionare Eike Batista, who made his $27 billion fortune in the mining industry, is trying to convince Apple to have its products made in Brazil rather than by Foxconn in Shenzhen, China. He is currently constructing the Port of Acu in southern Brazil -- a $1.6 billion construction project -- encompassing 90 square miles of available space that he hopes will lure companies to Brazil for product assembly. If Apple doesn't bite, Mr. Batista says he is going to try to lure BMW to his new development instead.
Apple has been using Foxconn as its product manufacturer for years