Apple is reportedly expanding iPhone production in Brazil to leverage lower tariffs, potentially boosting sales and reducing reliance on China.
Despite Apple's denials, reports suggest Foxconn, an Apple supplier, is expanding its Brazilian facilities to export iPhones to the US market.
This strategic move aims to circumvent higher US tariffs imposed on Chinese-manufactured iPhones, significantly impacting Apple's bottom line.
While Apple focuses on shifting production to India and Vietnam, the Brazilian expansion could be a significant development in its global strategy.
