14-Aug-19, Asia Times 

Chinese tech giant Huawei will invest US$800 million in a new factory in Sao Paolo, Brazil as it doubles down on efforts in Latin America to compensate for being excluded from the US market.

Huawei to invest USD800 mn in Brazilian factory(c)Asia Times

Image: Asia Times

The Chinese communications technology titan already has roots in Brazil: It has operated in the country for over 20 years and employs 2,000 workers at a networking-equipment manufacturing plant in São Paulo. The news comes amid continued threats of bans that would block US companies from conducting business with Huawei.

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