Learn English: Apple's Clever Plan: Brazil and Lower Tariffs (normal)

16 hours, 16 minutes ago

Apple's Clever Plan: Brazil and Lower Tariffs

Apple is secretly expanding its iPhone production in Brazil to take advantage of lower import taxes into the US.

Although Apple denies it, reports suggest Foxconn, their manufacturing partner, is upgrading its Brazilian factories.

This circumvents the high tariffs on iPhones made in China, making them more affordable in the American market.

While India and Vietnam are also key to Apple's diversification plan, Brazil's lower tariffs make it a compelling option.

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Source

Original: AppleInsider

Tags

#Apple #iPhone #Brazil #Tariffs #Foxconn

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