investing in the country and renewing its local content requirement certification, known as TKDN.
Following this, the tech giant has reportedly increased the offer tenfold, whereby Apple is now proposing a USD100 million or RM446 million investment into Indonesia within a 2-year period. The report added that the Ministry wanted Apple to change its investment plans to focus more on research and development of its smartphones in the country.Meanwhile, Bloomberg reported that following Apple’s initial proposal, the country’s Industry Ministry called for Apple senior company executives to meet Industry Minister Agus Gumiwang Kartasasmita in Jakarta.
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