Apple's $100M Proposal to Lift Indonesia iPhone Ban
Apple's $100M Proposal to Lift Indonesia iPhone Ban

Apple's $100M Proposal to Lift Indonesia iPhone Ban

News summary

Apple is making a substantial $100 million investment proposal to address the ban on iPhone 16 sales in Indonesia, a move to meet the country's domestic content requirements. Initially, a $10 million investment in manufacturing accessories and components was deemed insufficient by the Indonesian Ministry of Industry, leading to the ban. The new proposal aims to strengthen Apple's position in Southeast Asia's largest economy, with the government urging Apple to focus funds on research and development rather than existing manufacturing efforts. This strategy mirrors similar policies in India, where Apple had to increase its local manufacturing presence to access the market. The Ministry of Industry has yet to finalize its decision on Apple's proposal, reflecting broader efforts to boost local industry under President Prabowo Subianto's leadership. Apple's prior investments in developer academies in Indonesia have not fully met the required thresholds, prompting the need for further negotiations.

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