Apple to invest $100m in ID to tackle iPhone ban: gov’t

Apple to invest $100m in ID to tackle iPhone ban: gov’t

Tech in Asia·2024-11-21 13:00

Apple is planning a US$100 million investment to establish a manufacturing plant in Indonesia, according to Indonesia’s government.

This proposal aims to address component localization requirements following a sales ban on the iPhone 16.

Indonesia requires smartphones sold in the country to have at least 40% of parts sourced locally.

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