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Regulations 1 year ago
Indonesia agrees to terms with Apple to lift iPhone sales ban
Indonesia in October prohibited the marketing and sale of the iPhone 16 model over Apple's failure to meet local investment regulations requiring that 40 percent of phones be made from local parts as the country seeks to boost investments from giant tech companies.
Opinion 1 year ago
PREMIUM
Analysis: Government still hopes for major Apple investment in Indonesia
Despite negotiations between the Indonesian government and Apple, no resolution has been reached regarding their investment stalemate. While the United States tech giant has plans to establish an AirTag factory in Batam, Riau Islands, the Indonesian government considers this investment too small compared to its demand for a US$1 billion commitment. As a result, the government is still awaiting Apple’s revised investment proposal before allowing the sale of the iPhone 16 in the country.
Companies 1 year ago
PREMIUM
Govt demands Apple R&D to end iPhone sales ban, but takes $1b investment
The government has welcomed Apple Inc.’s US$1 billion commitment to build a manufacturing facility in Batam Island, but the ban on local sales of the iPhone 16 remains in place as it still fails to meet the country’s local content rules.
Companies 1 year ago
PREMIUM
Govt, Apple to talk $1b investment next week
The Industry Ministry is set to meet with an Apple executive on Jan. 7-8 to hash out a new deal so the US tech giant can sell the iPhone 16 to Indonesian consumers by complying with local content rules, with a possibility for the investment ministry to take the lead if it opts to set up a local production factory instead.
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