In order for the tech giant to sell its most recent iPhone 16 locally, Indonesia's industry ministry will meet with Apple executives to discuss the company's investment in the nation, according to a ministry official.
"Today, Apple's top brass will come to the Industry Ministry to negotiate the outstanding investment commitment and Apple's proposal," Industry Ministry spokesperson Febri Hendri said.
Apple has established application developer academies in Indonesia since 2018, however the company does not presently have any manufacturing facilities in the 280 million-person market.Due to its failure to meet the requirement that smartphones sold domestically contain at least 40% locally-made parts, Indonesia prohibited the sale of Apple's iPhone 16 last year.
In order to comply with rules and get the sales ban lifted, Apple made a $1 billion investment last year in a manufacturing facility that makes parts for smartphones and other goods.Accordig to the statement.
According to Indonesia's prior statements, Apple must make new contributions every three years; the company's most recent pledge, which was for $10 million, expired in 2023. To comply with the local content requirement, a fresh promise must be made for 2024–2026.According to Indonesia, Apple intends to invest $1 billion in a manufacturing facility that creates parts for cellphones and other devices, though specifics are still being worked out.
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