Brazil starts with "B"same as in BRIC (it has one of the world's fastest-growing economies alongside Russia, India and China). During the last few years, there's been a transformation from a sleepy outpost in Sao Paulo to perhaps the city's most dynamic area in terms of new growth, new buildings and new companies. Sao Paulo hosts a quorum of high-technology multinational firms and their executives, including HP, LG Electronics, Nokia, Oracle, Philips, Sun Microsystems, AT&T, Microsoft, Samsung.
With a population of 190 million, Brazil registered over 152 million mobile phones (of which 3.2 million 3G devices) as of February 2009, resulting in a market penetration rate of 80 percent, according to the Brazilian telecommunications portal Teleco.
Due to large import rate in electronics goods, Brazilian government is pushing to be able to achieve an equalization of the electronic trade and commodities. To achieve this equilibrium it is funding the electronic sector creating incentives for internal R&D for products goods and IC foundries.
Ceitec SA is an integrated circuit foundry which is located in Rio Grande do Sul state. It is part of a multi-step plan to establish a semiconductor industry in the country. Brazil also already hosts some analog and digital design houses such as Freescale in Jaguariuna, São Paulo state.
