News Formal

Indonesia Rejects Apple's $100 Million Investment Proposal

  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 10 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 71%

Technology Nachrichten

Apple,Indonesia,Investment

Indonesia has rejected Apple's $100 million investment plan aimed at lifting a ban on iPhone 16 sales, stating the proposal lacks necessary 'fairness' as per government standards. Apple's failure to meet local investment regulations that demand 40% of phones be made from local parts led to this decision. Industry Minister Agus Gumiwang Kartasasmita highlighted that Apple has not invested in production facilities or factories in Indonesia.

JAKARTA – Indonesia has rejected an Apple US$100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the “fairness” required by the government.model over Apple’s failure to meet local investment regulations requiring that 40 per cent of phones be made from local parts as the country seeks to boost investments from giant tech companies.

But Industry Minister Agus Gumiwang Kartasasmita said Apple had not met the government’s requirements, especially when compared with the tech giant’s investments in other countries.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 4. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Indonesia rejects Apple's US$100 million investment offerJAKARTA: Indonesia has rejected an Apple US$100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the "fairness" required by the government.
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »

Swiss companies set sights on India as US$100 billion trade pact promises more opportunitiesZURICH: Investments in India by Swiss companies such as engineering group ABB and transport firm Kuehne+Nagel are on the rise, with a US$100 billion regional trade deal expected to further open it up to businesses long geared towards China.
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »