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Indonesia said a $100 million investment proposal from Apple to build an accessory and component plant was not enough for the country to allow the tech giant to sell its latest iPhone model, its ...
Apple still can't sell iPhone 16s in Indonesia due to a ban in place since October. Indonesia's industry minister said that Apple doesn't meet rules to source some materials locally.
Apple originally pledged to invested around $109 million in Indonesia, but has only invested around $95 million so far. The ban also includes the Apple Watch Series 10, as Indonesia is currently ...
Whatever the reasoning, Indonesia steadily increased its demands on Apple from the $10 million, to $100 million, to $1 billion. And it's seemingly not over yet.
Apple has been barred from selling the iPhone 16 in Indonesia. Indonesia's government said Apple hadn't met a requirement to source 40% of its parts locally.
Indonesia's industry minister met representatives of Apple on Tuesday to discuss the company's potential investment in the country, a prerequisite for the tech giant to sell its latest iPhone 16 ...
The Indonesian government is continuing its efforts to lobby the U.S. for a reduction in the current 32% import tariffs on ...
They do not expect much from ongoing talks, given American political and domestic considerations. Read more at ...