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Well, Brazil has crazy labor laws. You see a worker in court? The worker will win. In the end it was not worth it for Foxcon. And I think a terrible outcome fo
by jayalpha 7y ago
Well, Brazil has crazy labor laws. You see a worker in court? The worker will win.
In the end it was not worth it for Foxcon. And I think a terrible outcome for Brazil. Electronics are absurdly expensive there (Think import tax 1, import tax 2, import tax 3 and in the end taxes on the import taxes. No kidding).
Stuff is often three times the price of western prices. At least in the past. It was common for people to ask you to sell them you used Laptop/iPhone/mp3 player.
- moorhosj 7y agoAll of that was true when they initially agreed to the deal, so I’m not sure that explains it.
- jayalpha 7y agohttps://www.zdnet.com/article/foxconn-set-to-discontinue-brazil-manufacturing-operations/ https://www.zdnet.com/article/foxconn-set-to-discontinue-bra... "However, the promises soon proved hard to keep: the company wanted the Brazilian government to come up with 30 percent of the cash, as well as a private investor - both failed to materialize. " "As well as the economic instability that the Brazilian economy, it is also rumored that other factors influencing the decision include the productivity of the local workforce - which at its peak reached about 2,500 workers - which Foxconn considers to be low when compared to its main manufacturing operations. "