Tuesday, April 12, 2011

Apple Moving Production To Brazil?

Rumors that Apple has filed documentation to move iPad assembly to São Paulo Brazil have surfaced.

Apple may be motivated to move the assembly operations to Brazil by the current tax exemptions offered there by the government, which is specifically designed for "tablet PC" devices. Apple's move could influence other tablet builders to follow, boosting the Brazilian economy. The approval process for a company coming in to Brazil is normally around 40 days...in Brazil iPad 2 sells starting at $1,075 US Dollars.

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