Apple Proposes $1 Billion Investment to Lift iPhone Ban in Indonesia

Reported 1 day ago

Indonesia announced that Apple has made a revised investment proposal of $1 billion, as part of efforts to lift the ban on the sale of iPhone 16 devices in the country. The government is aiming for a larger commitment compared to Apple's previous offers, highlighting concerns about compliance with local content requirements. Officials emphasize that Apple's local manufacturing could drive further investments and create jobs to support Indonesia's economic growth.

Source: YAHOO

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