iPhone 16 sales ban: Apple Indonesia now offers $1 billion 106 comments
at the end of November Apple proposed an investment of 100 million dollars in Indonesia to end the ban on the sale of the iPhone 16. Indonesia rejected this amount as too low, after which Apple is now putting 1 billion on the table.
Apple Offers $1 Billion to Resolve Indonesia’s iPhone 16 Ban
As Indonesia hoped, Apple’s investment offer to Indonesia has thus increased considerably. The company is now offering a sum of $1 billion to lift the ban on iPhone 16 sales in the country. This was announced on Tuesday by Indonesian Investment Minister Rosan Roeslani. He told MPs the government would provide a written commitment within a week. Apple wait. “Those who benefit from sales must invest here and create jobs,” Roeslani further stressed. At the same time, the billion-dollar offering is described as the “first step” in Apple’s potential presence in Indonesia, one of Southeast Asia’s biggest growth markets.
Tenfold offer
The new offering represents a massive increase over Apple’s previous offerings. Initially Apple proposed an immediate investment of $10 million in October and $100 million later, including plans for research and development centers and developer academies. Both proposals were reportedly rejected by the Indonesian government as inadequate.
Read more about the previous iPhone 16 sales ban: AppleIndonesia’s $100 million is not enough to ban the iPhone 16 in Indonesia: Apple wants to make things right with $100 million. Unrealized investments: Indonesia bans the sale of the iPhone 16
40% must be reinvested
The reason for the negotiations is a ban on the sale of the iPhone 16 imposed in October. Indonesian authorities justify this by claiming that Apple did not meet the minimum legal requirement of 40 percent local value added for smartphones. This program aims to strengthen the local economy and ensure that multinational companies invest in building production capacity and creating jobs in Indonesia.
Although Apple has operated developer academies in the country since 2018, there are currently no production facilities for the group in Indonesia. The government is therefore increasingly relying on local manufacturing partnerships and the supply of components from Indonesian production.
Apple has not yet commented on reports of the new investment volume.
Topics: Apple
Smartphones iPhone Quelle: Macrumors
Sarah tracks innovations in smartphones, evaluating their performance, design, and key features.
