Foxconn's Brazilian expansion plans have been on-again off-again ever since the $12 billion proposal was announced earlier this year. Today, Reuters is reporting that Foxconn will start producing iPads in Brazil this December, but the company is still in negotiations with the Brazilian government about the size of Foxconn's investments in Brazil and the level of government involvement in the project.
"They're maintaining the deadline they had announced, which is December. The iPhone is ready for large-scale production and for the iPad they're working with that deadline," [Brazil's Science and Technology Minister Aloizio] Mercadante said after a meeting between [Foxconn Chairman Terry] Gou and [Brazilian President Dilma] Rousseff.
Both sides were still negotiating fresh Foxconn investments, including two new factories to assemble touch screens, Mercadante said.
"We haven't finished the process, it's moving ahead but there's no date," said Mercadante, who had trumpeted the announcement back in April as a sign of growing Asian investments and high-tech industries in Brazil.
The Brazilian iPad project has gone through the typical ups-and-downs associated with large investment projects. Foxconn is seeking tax breaks and other concessions from the Brazilian government in exchange for location new factories within the country. As recently as two weeks ago, it was reported that the deal was in trouble, but it seems those concerns have been alleviated with this report.