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iPhone assembly equipment could cost Apple billions of tax dollars
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Apple is lobbying for a change in the tax law in India as it potentially faces billions of dollars in taxes for new iPhone assembly equipment.
Some 25% of iPhones are now made in India, and the company is looking to push this percentage even higher, but there is a potential major barrier to further expansion …
iPhone assembly equipment
Assembling iPhones on a production line requires extremely expensive specialist equipment. In some cases, Apple’s manufacturing partners…
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