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Indonesia wants Apple to sweeten its $100 million proposal

Bloomberg L.P. · 3h

Indonesia Calls Apple’s $100 Million Investment Offer Unfair

Apple Inc.’s proposal to invest $100 million in Indonesia hasn’t met “fairness” principles, a top government official said, signaling Jakarta may reject the offer and keep a ban on domestic iPhone 16 sales.

Indonesia says Apple's $100 mln investment proposal inadequate

Indonesia said a $100 million investment proposal from Apple to build an accessory and component plant was not enough for the country to allow the tech giant to sell its latest iPhone model, its industry ministry said on Monday.

CNBC on MSN · 3d

Indonesia wants Apple to sweeten its $100 million proposal as tech giant lobbies for iPhone 16 sales

The Indonesian government expects Apple to invest more than $100 million into the country if it wants to sell its iPhone 16 in the growing market.

6don MSN

Apple’s said to increase its Indonesia investment tenfold to reverse iPhone sales ban, signaling the country’s growing importance for U.S. tech giant

IDC, a market intelligence firm, notes that Indonesia is one of Apple's fastest growing markets in Southeast Asia.

Apple proposes $100m investment to build plant in Indonesia

Indonesia mandates that smartphones sold domestically must contain at least 40% locally-made parts. Credit: Ringo ...

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