“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.
Several obstacles remain before Foxconn assembles iPads in Brazil – May 6, 2011
Foxconn to assemble Apple iPhones and iPads in Brazil; Mac production a future possibility – May 3, 2011
RUMOR: Foxconn to invest $12 billion in Brazil; Apple iPad production to start by end of November – April 12, 2011
Apple factory in Brazil to minimize huge taxes? – March 23, 2011
Foxconn may open Apple manufacturing plant in Brazil – March 19, 2011
$985 iPad in Brazil a vivid example of how high tariffs and protectionist policies hurt consumers – December 9, 2010
Designed by Apple in California; Assembled in Brazil? Brazilian billionaire courts Apple – November 18, 2010