US EditionApple to Offer Indonesia $1 Billion in Investment to Stop iPhone 16 Sales Ban
- Indonesia plans to increase requirements on local components for smartphones made and sold in the country, following a ban on Apple's iPhone 16 for not meeting the 40% requirement.
- Deputy Minister Faisol Reza stated that details of the plan are still being discussed, with no set timeframe or increased ratio provided.
- Indonesia is expected to receive a $1 billion investment commitment from Apple Inc, aimed at strengthening the domestic industry and job creation.
38 Articles
38 Articles
Apple allegedly agreed to invest $1 billion to reverse iPhone 16 ban, claims investment minister
If Apple’s alleged $1 billion investment is confirmed, it could set a new precedent for how the company navigates localisation demands in emerging markets. Indonesia’s policy has already prompted similar moves from other global tech firms
Indonesia expects Apple to invest $1 billion to get the iPhone 16 back on sale
Indonesia’s investment minister, Rosan Roeslani, said that the country is expecting $1 billion from Apple as an investment. It’s important to note that Indonesia has banned iPhone 16 sales locally because the smartphones must contain at least 40 percent locally-made parts. Apple doesn’t have any manufacturing facilities in Indonesia, so it cannot meet this requirement. Roeslani further said that Apple should invest even more in the future if it …
Apple offered Indonesia $10M then $100M, but it now expects $1B
Apple is known for playing hardball when it comes to negotiations, but it seems the Indonesian government is capable of giving as good as it gets. The country banned the sale of the iPhone 16, saying the Cupertino company hadn’t invested enough in the local economy. Apple responded by offering to increase its manufacturing spend from $10M to $100M, but Indonesia now says it expects a billion dollars – and it wants the investment agreed within a …
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