GCR’s Brazil Investments

Huawei Technologies and ZTE, the mainland’s two biggest telecommunications equipment manufacturers, plan to ratchet up their investments in Brazil this year. Sino-Brazilian trade has risen 20-fold over the past decade to US$56.4 billion last year.

Foxconn Technology Group, maker of the iPhone, is conidering investing US$12 billion in Brazil, a move that could help Apple and other tech companies expand in the world’s eighth-largest economy. A Foxconn move into Brazil would help tech companies sidestep large import tariffs on products they sell in the south American country.


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