Foxconn Electronics, the Taiwan based company that exclusively manufacturers the iPad range of tablets for Apple has confirmed it is in talks with the Brazilian government to set up a plant in that country that would serve as additional assembly plants for the popular tablet. The entire deal might be worth $12 billion over the next five years though the financial aspects of it is yet to be confirmed by Foxconn.
Both Foxconn and Apple is keen to have in place additional sites that could help the latter meet its requirement of 5 million iPads every months. In spite of its best efforts, Foxconn has only been able to ship just about half of that figure which is far less than what the market demand for the iPad tablet is. As a stop gap measure, Foxconn is ramping up its production lines to ensure it is able to deliver at least 4 million units of iPad during the months of April, June and May which is when Apple believes there will be a demand for about 12 million iPad tablet PCs.
Foxconn has also stated it might even go for re-structuring of existing production lines that will allow them to start offering the iPad from the later half of this year. Such a scenario will also help Apple to better meet the demand for the iPad from its North and South American customers. Currently, the iPads are manufactured in Foxconn production facilities located in Shenzhen, China.