Apple is trying to reduce dependence on China
China still accounts for the majority of iPhone production. However, in recent years, Apple has been trying to diversify its supply chain with the help of other countries. Now Apple has started assembling the iPhone 14 in Brazil. So far, only the regular iPhone 14 is being assembled there.
Basic iPhone 14 drops over $500 after production begins in Brazil
Previously, the company began assembling the iPhone 13 and iPhone SE in Brazil. The country imposes high taxes on imported products, which include almost all Apple devices. For this reason, some companies are investing in the assembly of their products in Brazil, as this provides a reduction in taxes on the sale of these products. The 128GB iPhone 14 cost around $1,520, but the same model has now dropped to around $1,000 at local retailers.