Apple made a huge offer of $100 million as soon as iPhone 16 was withdrawn from Indonesia, know the whole deal

Technical News Office – The Indonesian Ministry of Industry has banned the sale of Apple’s latest iPhone, namely the iPhone 16, in its country from October 25, 2024, which is still banned. Indonesia did this because Apple did not follow the country’s “local content rate (TKDN)” policy. Under the policy, smartphone production must include 40% local content or employment.

Apple offered a $100 investment
The Indonesian government has made it clear that Apple has not made the necessary investments for the production or research of the iPhone 16. Apple has now offered to invest a total of $100 million (approximately $15.4 billion). yen) to the Indonesian government to lift the ban on the sale of iPhone 16. Let us tell you this news in detail.

Indonesia’s Ministry of Industry said in a statement released on October 5 that the sale of the iPhone 16 was illegal because Apple had not obtained permission to sell the iPhone 16. The Minister of Industry , Agus Gumiwan Kartasasmita, said: “If you have a working iPhone 16 in Indonesia, please let us know, because if you don’t, it means we have to remove this device. Should be considered illegal.

Apple has multiplied its investments tenfold
According to a Bloomberg report on November 5, Apple has offered to invest $10 million with Indonesian suppliers to obtain permission to sell the iPhone 16 in Indonesia. However, this investment was not enough for the Indonesian government to lift the ban on the sale of iPhone 16. A latest report from Bloomberg suggests that, for this reason, Apple has proposed to increase its investment in Indonesia tenfold, for the increase to 100 million dollars.

According to some anonymous people who spoke to Bloomberg, after receiving Apple’s proposal to increase investments, the Indonesian Ministry of Industry asked them to focus on smartphone research and development in Indonesia. However, the Ministry of Industry has not yet made its final decision on this new proposal from Apple. Let us tell you that this step taken by Indonesia is part of the pressure on foreign companies to contribute to domestic industries. The Indonesian government had already managed to secure a $1.5 billion joint venture between TikTok’s parent company ByteDance and local technology company GoTo. It now remains to be seen whether or not the Indonesian government will accept this new investment proposal from Apple.

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