Apple likely to invest over $1 billion for 2 factories in Indonesia to lift iPhone 16 ban
3 weeks, 5 days ago

Apple likely to invest over $1 billion for 2 factories in Indonesia to lift iPhone 16 ban

Firstpost  

Indonesia’s President Prabowo Subianto has greenlit the plan, with the expectation of further investment from Apple in the future. The first factory is set to be located on Batam Island, with the second factory, planned for Bandung Apple’s relationship with Indonesia has been marked by a series of setbacks. The negotiations gained momentum following Apple CEO Tim Cook’s visit to Indonesia in April 2024, during which he met with then-President Joko Widodo and expressed interest in expanding manufacturing partnerships. Manufacturing AirTags, Apple’s most affordable product, may not yield immediate high returns, but the long-term benefits of maintaining access to the Indonesian market outweigh the costs. While the new deal doesn’t currently include plans for a research and development centre, the proposed developer academies and factories are expected to strengthen ties between Apple and Indonesia.

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History of this topic

Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says
6 days, 14 hours ago

Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says

The Hindu  

Apple still cannot sell its iPhone 16 in Indonesia despite striking a deal to build a local production facility there, as it has not met domestic content rules, the industry minister said on Wednesday. Last year, Indonesia banned iPhone 16 sales after Apple failed to meet requirements that smartphones sold domestically should comprise at least 35% locally-made parts. Minister Agus …

Apple's $1 billion investment not enough to lift iPhone 16 ban, says Indonesia
6 days, 15 hours ago

Apple's $1 billion investment not enough to lift iPhone 16 ban, says Indonesia

Firstpost  

While Apple’s commitment to building a new facility might seem like a major move, Indonesia insists the investment doesn’t meet its stringent local content requirements Apple now finds itself at a crossroads in Indonesia. While Apple’s commitment to building a new facility might seem like a major move, Indonesia insists the investment doesn’t meet its stringent local content requirements. This …

Indonesia to meet Apple on investment proposal, official says
Trending News
1 week, 1 day ago

Indonesia to meet Apple on investment proposal, official says

The Hindu  

Indonesia's industry ministry will meet representatives from Apple on Tuesday to discuss its investment in the country, a prerequisite for the tech giant to sell its latest iPhone 16 locally, a ministry official said. Indonesia last year banned sales of Apple's iPhone 16 after it failed to meet requirements that smartphones sold domestically should comprise at least 40% locally-made parts. …

Apple’s $1 Billion Investment May Be Fleeting Win for Indonesia
3 weeks, 3 days ago

Apple’s $1 Billion Investment May Be Fleeting Win for Indonesia

Live Mint  

-- Indonesia claimed victory after Apple Inc. offered to increase its investment in the country to $1 billion to get President Prabowo Subianto’s government to lift a ban on the sale of iPhone 16s. “It can be a dangerous game to play.” Indonesia brandished what are known as domestic content requirements to push Apple to raise its investment bid from …

Apple Moves Closer to Lifting iPhone 16 Ban in Indonesia
3 weeks, 6 days ago

Apple Moves Closer to Lifting iPhone 16 Ban in Indonesia

Deccan Chronicle  

Apple is reportedly close to lifting the ban on iPhone 16 sales in Indonesia as the country's President gave nod to accept $1 billion investment from the tech giant. However, the Indonesian government has not yet given a timeline to Apple on when the ban on iPhone 16 sales will be lifted. The Indonesian government said the reason for the …

Apple allegedly agreed to invest $1 billion to reverse iPhone 16 ban, claims investment minister
1 month, 1 week ago

Apple allegedly agreed to invest $1 billion to reverse iPhone 16 ban, claims investment minister

Firstpost  

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 Apple has reportedly agreed to invest $1 billion in Indonesia to lift the ban on iPhone 16 sales, according to the country’s investment minister, …

Apple iPhone 16 sale ban: Indonesia expects $1 billion investment commitment from Apple in a week
1 month, 1 week ago

Apple iPhone 16 sale ban: Indonesia expects $1 billion investment commitment from Apple in a week

The Hindu  

Indonesia is expecting to get a $1 billion investment commitment from tech firm Apple Inc in a week, its investment minister said on Tuesday, after the government banned iPhone 16 sales for failing to meet local content rules. Investment Minister Rosan Roeslani told lawmakers in a hearing that Indonesia expects more investment if Apple decides to make the country part …

Indonesia Rejects Apple's $100 Million Investment Offer To Undo iPhone 16 Ban
1 month, 2 weeks ago

Indonesia Rejects Apple's $100 Million Investment Offer To Undo iPhone 16 Ban

Deccan Chronicle  

Jakarta: Indonesia has rejected an Apple $100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the "fairness" required by the government. Indonesia last month 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 …

Apple offers to invest 100 million dollar in Indonesia to lift iPhone 16 ban
1 month, 3 weeks ago

Apple offers to invest 100 million dollar in Indonesia to lift iPhone 16 ban

India Today  

Apple is making a big move to bring back its iPhone 16 to Indonesia. The tech giant has offered the country a $100 million investment to end a ban on its latest products, including the Apple Watch Series 10. The ban was put in place because Apple didn’t meet a government rule that requires at least 40% of the components …

Apple Offers $100 Million to Lift iPhone 16 Ban in Indonesia: Report
1 month, 3 weeks ago

Apple Offers $100 Million to Lift iPhone 16 Ban in Indonesia: Report

Deccan Chronicle  

Apple has increased its investment offer in Indonesia by ten times in order to lift the ban on iPhone 16 in the country. The factory would make accessories and components for Apple gadgets.Apple has submitted its increased offer but Indonesia’s Ministry of Industry, which banned the sale and usage of the latest iPhone 16 series lineup, has demanded Apple “to …

Apple to increase investment in Indonesia by 10X to reverse iPhone ban, invest over $100 million
1 month, 3 weeks ago

Apple to increase investment in Indonesia by 10X to reverse iPhone ban, invest over $100 million

Firstpost  

Apple has reportedly proposed a $100 million investment spread over two years. However, Indonesia’s Ministry of Industry remains undecided, apparently pushing Apple to focus this funding on research and development rather than existing manufacturing efforts Currently, Apple does not operate standalone factories in Indonesia, relying instead on partnerships with local suppliers for its manufacturing needs. Image Credit: Reuters After getting …

Apple CEO says company will 'look at' manufacturing in Indonesia
8 months, 4 weeks ago

Apple CEO says company will 'look at' manufacturing in Indonesia

The Hindu  

Apple CEO Tim Cook said the company will “look at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday. The previous day, Cook met Vietnamese Prime Minister Pham Minh Chinh in Hanoi, where he said Apple plans to invest more in Vietnam and increase spending on suppliers in the Southeast Asian manufacturing hub. “Given the slowing …

Apple CEO says company will ‘look at’ manufacturing in Indonesia
8 months, 4 weeks ago

Apple CEO says company will ‘look at’ manufacturing in Indonesia

Associated Press  

JAKARTA, Indonesia — Apple CEO Tim Cook said the company will “look at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday. The previous day, Cook met Vietnamese Prime Minister Pham Minh Chinh in Hanoi, where he said Apple plans to invest more in Vietnam and increase spending on suppliers in the Southeast Asian manufacturing hub. …

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