Apple pledges $100 million Indonesia investment to lift iPhone 16 ban

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Indonesia,Manufacturing Plant,The Wall Street Journal

Lawrence is a contributing reporter at Engadget, specializing in our AI overlords, musical doodads and, of course, garden variety gaming and tech. To that end, Lawrence once lost badly in multiplayer Mario to Nintendo’s own Shigeru Miyamoto, who laughed gleefully as he threw him down a pit.

. The company has presented an investment plan that would use that $100 million to set up a manufacturing plant in the nation.to reverse the ban. This latest proposal is worth ten times that, so the company certainly sees Indonesia as an important market. After all, the country isThis all started because Apple missed a local investment threshold by around $15 million. Indonesia mandates that certain devices sold in the country must have at least 40 percent “domestic content.

Apple previously invested around $94 million in the country through a variety of means, but it wasn’t enough to stave off the ban. The sale stoppage also applies to other recently-released Apple products, like theApple has opened up several developer academies throughout the country, but an actual manufacturing plant would be a major boon for Indonesia. Both Samsung and Xiaomi have already set up factories in the nation.

 

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