Feed: Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics
Feed Link: https://www.engadget.com/
---

Title: Apple pledges $100 million Indonesia investment to lift iPhone 16 ban

Date: Thu, 21 Nov 2024 16:22:18 +0000
Link: https://www.engadget.com/big-tech/apple-pledg...

Apple has offered $100 million to Indonesia as part of an effort to lift a
recent ban of the iPhone 16 in the country, as reported by The Wall Street
Journal. The company has presented an investment plan that would use that
$100 million to set up a manufacturing plant in the nation.

Earlier this month, Apple offered the country $10 million to reverse the ban.
This latest proposal is worth ten times that, so the company certainly sees
Indonesia as an important market. After all, the country is home to 280
million potential smartphone customers. The Ministry of Industry of Indonesia
is scheduled to review Apple's proposal this week.

This all started because Apple missed a local investment threshold by around
$15 million. Indonesia mandates that certain devices sold in the country must
have at least 40 percent ΓÇ£domestic content.ΓÇ¥ This percentage can be met
by using domestically-sourced materials, building manufacturing plants or by
employing local workers.

Apple previously invested around $94 million in the country through a variety
of means, but it wasnΓÇÖt enough to stave off the ban. The sale stoppage also
applies to other recently-released Apple products, like the Apple Watch
Series 10. The ban doesnΓÇÖt impact older Apple devices, which are still
available for purchase throughout the country.

Apple has opened up several developer academies throughout the country, but
an actual manufacturing plant would be a major boon for Indonesia. Both
Samsung and Xiaomi have already set up factories in the nation.

This article originally appeared on Engadget at https://www.engadget.com/big-
tech/apple-pledges-100-million-indonesia-investment-to-lift-iphone-16-ban-
162217627.html?src=rss

---
VRSS v2.1.180528