Huawei Confirms USD800 Million Phone Factory Plan in Brazil
Xu Wei
DATE: Aug 12 2019
/SOURCE: yicai
Huawei Confirms USD800 Million Phone Factory Plan in Brazil
(Yicai Global) Aug. 12 -- Huawei Technologies has confirmed that the Chinese firm intends to invest USD800 million in a mobile phone factory in Sao Paulo, Brazil, over the next three years, Global Times reported today. Joao Doria, the governor of the southeastern Brazilian city, first hinted about the project.