“It’s looking increasingly like Apple might shift a sizable portion of their iPad production to Brazil,” Ed Sutherland reports for Cult of Mac.

“To prepare, Brazil’s president lowered taxes on producing and purchasing tablets in the South American country,” Sutherland reports. “Tuesday, Brazil Communications Minister Paulo Bernardo announced the government would provide tablets regulatory relief amounting to a 36 percent price cut.”

Sutherland reports, “The changes exempt tablet producers from a 9.25 percent PIS tax, cut the country’s IPI sales tax to 3 percent from 15 percent and reduce the import tax… Last month, Brazil President Dilma Roussef told a Beijing audience Foxconn has invested $12 billion in a possible manufacturing site. The site could begin making iPad’s as soon as November, another Brazil minister said.”

Read more in the full article here.

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