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Apple reportedly pledges investment after ban of iPhone 16
Deputy Industry Minister Faisol Riza said on Wednesday that the ministry hoped Apple would commit to putting the plan in place.
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Red carpet welcome: Apple CEO Tim Cook (center), accompanied by Communications and Information Minister Budi Arie Setiadi (left) and Industry Minister Agus Gumiwang Kartasasmita, waves to journalists on April 17, 2024, after attending a meeting with President Joko “Jokowi” Widodo at the Presidential Palace. (Reuters/Willy Kurniawan)
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pple is reportedly planning to make a US$10 million investment in Indonesia in what is seen as an effort to ensure the new iPhone 16 can be legally bought and sold in the country, after a weeks-long public standoff between the United States tech giant and the government over local content requirements.
The plan, which has been submitted to the Industry Ministry, would include Apple partnering with local suppliers to set up a factory in Bandung to produce accessories and components for Apple gadgets, Bloomberg reported on Tuesday, citing sources familiar with the matter, but the proposal is not final and may be subject to change.
Deputy Industry Minister Faisol Riza told reporters on Wednesday that the ministry was aware of the report and had contacted Apple about the plan, as quoted by Antara, adding that he hoped Apple would commit to putting the plan in place.
He said Industry Minister Agus Gumiwang Kartasasmita would soon make an announcement on iPhone 16 sales in the country.
Neither Apple not the Industry Ministry immediately responded to requests for comment.
When visiting Indonesia in April, Apple CEO Tim Cook said the country’s market was “very important” for the company. Also, during the visit, he explored the possibility of building a manufacturing facility in the country but did not make any commitments.
Read also: Apple mulls building first production facility in Indonesia
