Brazil has the power (market power) to make producers install plants and complete industries in their territory to avoid import taxes. Sadly, except Mexico, no other country in the LATAM region can do the same.
I wonder how much does an iPad cost, if it were to be imported and from one made there?
This is good news for Brazil. I think the area is becoming much more attractive for technology investments.
@Clairvoyant, this is good news for not only Brazil but for all of us because we hardly see any brightspots in this gloomy economy. I believe Brazil can use this opportunity to take lead over other emerging nations.
I enjoyed your article as I did not really know that much about Brazil. With such an expanding middle class and business minded president I can only imagine it will be a country to watch in future.
Not just a land of untapped resources, it's a source of serious high-tech and business talent.
@stochastic excursion, you are absolutely right. I am sure if this trend continues Brazil will become the next hot destination after China. I hope news like this will help the market to stabilise because currently its all negative news i.e coming out of europe and asia.
Most notable among Rousseff's efforts is the expansion of existing tax break legislation for IT companies to include Brazil-based tablet and tablet accessories makers.
@Gerry, thanks for the post. This is very good news for Brazil- IT sector. Glad to see the president taking much needed reform measures to spur the growth of IT sector in Brazil. If this continues am sure Brazil will beat its peers like India where the government is committing blunder after blunder.
Brazil is continually hitting the headlines for being the exception to the rule in a world of shaky economies. Not just a land of untapped resources, it's a source of serious high-tech and business talent. Coincidentally, I heard "Girl from Ipanema" by Jobim on the radio today--nice intro to the Portuguese language!
This is good news for Brazil. I think the area is becoming much more attractive for technology investments. Perhaps we will start to see many good electronics products coming out of Brazil!
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Archived Dialogues
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Euro-Crisis: What It Means for High-Tech Firms Join EBN Editor in Chief Bolaji Ojo and Contributing Editor Jennifer Baljko on Thursday, July 12, at 10:00 a.m. EDT for a Live Chat on high-tech and Europe's economic difficulties.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.
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