Apple pledges $10 million in Indonesia factory to circumvent iPhone 16 ban
A week ago, Apple found itself in a tough spot with its iPhone 16 series and Apple Watch 10 series banned from sale in Indonesia. The issue was a direct result of unmet investment commitments in the country, which require companies to provide 40% local content to operate locally.
In a new development, Bloomberg News reports that Apple will invest $10 million in a new factory in Bandung. The investment will reportedly be made alongside Apple’s local supplier, Yageo Corporation, with the new facility dedicated to building accessories and components for Apple devices.
As per the new report, Apple has submitted its proposal to the Indonesian Ministry of Industry and is awaiting clearance on its device ban. Apple isn't the only tech company facing troubles in Indonesia, as Google was also banned from selling its Pixel 9 series for not complying with the 40% local content rule.
Source (paywall)
Related
Reader comments
- Anonymous
- 10 Nov 2024
- wrX
even the one that considered 'unknown' chinese brand (ie: Itel) has set an assembly factory in Indonesia. Apple is just greedy.
- yahya89
- 09 Nov 2024
- yJt
it means 25 million iPhones in Indonesia currently with more than $50 million value
- yahya89
- 09 Nov 2024
- yJt
All Samsung (including S24 Ultra), Asus (including ROG Phone 8 series), and other companies devices that sells in Indonesia ARE made in Indonesia by their own Indonesian factories for Indonesian market, oh the name of the factories are PT Samsung Ele...