Re:Apple gets $19M fine in Brazil for not selling iPhones wi...
by gregschlom on Friday October 14, 2022 @11:49AM
(#33205132)
Yes, Brazil has very high import duties on all electronics. Maybe they were hoping to promote local production, like what happened with the auto industry in the 50s and 60s there where major car manufacturers opened production plants in
Brazil.
It did work out to some extent in the 80s, with TV manufacturers moving to the Free Trade Zone of Manaus but didn't translate with the high tech stuff afterwards
It did work out to some extent in the 80s, with TV manufacturers moving to the Free Trade Zone of Manaus but didn't translate with the high tech stuff afterwards