A Reuters story in the New York Times yesterday noted that iPad producer Foxconn's plans to move iPad production to Brazil may be slowed by higher than expected production costs in the South American country.
Brazil had touted the fact that they had lured Foxconn to the city of Jundiai to build Apple's tablets. This would allow the country to start developing a technological industry similar to that of Korea and Taiwan. However, Brazil has some issues -- a largely unskilled labor pool and poor infrastructure -- that keep it from moving quickly into high-tech.
The result is that the Foxconn plants in the country will start by simply being assembly points for devices that are built from parts manufact
