Electronics Industry in Brazil Predicts Gloomy 2016

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The industrial production of electro-electronic products in Brazil faced a difficult year in 2015, falling by at least twenty percent in relation to 2014, according to data from ABINEE (Brazilian Electric Electronic Industry Association). The entity forecasts a similar gloomy scenario for this year, with the end of the fiscal benefits given by the government to computers, tablets and smart phones.

On December 31st, 2015, it was announced that Brazil’s President, Dilma Rousseff, had vetoed parts of a bill in Congress which maintained the Subscribe to our Premium Membership Plan. Already Subscribed?