Lenovo announces plans for $30 milllion factory in Brazil

While HTC might be closing its doors in South America, there's still plenty more companies looking to set up shop. The latest addition appears to be Lenovo, which, according to ZTOP, is readying blueprints for a 325,000-square meter site in São Paulo. The factory will apparently recruit up to 700 locals when it reaches full capacity. While the company only has a minor market share at the moment, Brazil looks likely to be another growth market and perhaps success in South America will be enough to claim the PC-making top spot.

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As others leave, Lenovo reportedly plans $30 million factory for Brazil