Recently, the Indonesian government said that Apple has agreed to invest 1 billion USD in this country to sell the iPhone 16 Series.
Apple has struggled in Indonesia, but after extensive investment talks aimed
at lifting the iPhone 16 ban, a deal is near. And according to reports, the amou
nt the "Apple House" will spend is $ 1 billion - exactly what the Indonesian government expected.
Illustration photo.
Illustration photo.
After the iPhone 16 was banned in October due to Apple's failure to invest eno
ugh in the economy, Apple and Indonesian leaders have been negotiating back and forth.
Apple was originally going to invest $109 million in a development academy
, but the government said Apple would only spend $95 million.
As the Indonesian government continues to ban the sale of the iPhone 16
series, Apple has proposed increasing its investment in manufacturing in the country from $10 million to $100 million.
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iPhone 16.
iPhone 16.
Earlier this week, Indonesia’s investment minister expressed his exp
ectation that Apple would invest $1 billion in manufacturing. The ministe
r was confident that the Cupertino-based company would meet the demand, and his prediction may be correct.
On Thursday, Reuters reported:
Tech giant Apple plans to invest $1 billion in a manufacturing plant
in Indonesia that will produce components for smartphones and other products.
Speaking to reporters, Indonesia's investment minister Rosan Roeslani said details of the planned investment were still being worked
out. The leader also hoped to announce everything next week after receiving a written commitment from Apple.
