Tech product manufacturer Foxconn has been in talks with Brazil to open a factory in that country for some time now, but apparently talks have begun to break down. Reuters now says the proposed US$12 billion deal is "in doubt" because Brazil lacks skilled labor and isn't meeting Foxconn's expectations for tax breaks.
Foxconn operates factories in several countries, with its most (in)famous operations in Shenzhen, China, where the manufacturer builds products for Apple and most other major tech companies. The proposed factory in Brazil likely would have supplemented iPad and iPhone-building operations in