- Apple boosts Indonesian investment to $100M after iPhone ban
- Indonesian officials want Apple to focus on smartphone research
- The deal’s fate hangs in balance
Show Me The Money
Apple Inc. has dramatically increased its investment proposal in Indonesia to $100 million over two years, marking a tenfold jump from its initial $10 million offer. This bold move aims to convince Indonesian authorities to lift their recent iPhone 16 sales ban.
Beyond The Factory Floor
The original plan centered on establishing an accessories factory in Bandung near Jakarta. However, Indonesia’s Ministry of Industry now pushes for a strategic pivot, requesting Apple to emphasize smartphone R&D operations in the country instead.
Deal or No Deal
The Ministry continues to evaluate Apple’s enhanced proposal. Their response remains pending, but this significant investment boost signals Apple’s strong commitment to maintaining its presence in Southeast Asia’s largest market.
