Indian government exempts Apple from 30% local-sourcing (sponsor) Share
My thanks once again to NSShadowcat for sponsoring this month of BirchTree! Like I said last time, this site is absolutely worth your time. Author Mayur Dhaka takes on the tech news with a unique perspective to the tech news of the day.
This week Mayur wrote about the Indian government changing the rules for Apple:
Indian laws require a company to source 30% of its parts/raw materials locally. This helps safeguard interests of the country’s vendors. Since Apple manufactures only in China, they import their products into India and has heavy import-taxes levied against them. That’s the reason why, last year, the iPhones 6S commanded the highest price in India when compared worldwide.
There is more good stuff going up every day at NSShadowcat, so you might want to take the change to subscribe today.