Apple Proposes $10M Investment to Lift Indonesia's iPhone Ban
The tech giant aims to meet local content requirements by establishing a manufacturing facility in Bandung.
- Apple's $10 million investment plan seeks to reverse Indonesia's ban on iPhone 16 sales due to unmet local content regulations.
- The proposed facility in Bandung would produce accessories and components, aligning with Indonesia's 40% domestic content mandate.
- Indonesia's Ministry of Industry is reviewing Apple's proposal, which could unlock access to the country's vast smartphone market.
- The ban on iPhone 16 sales is part of President Prabowo Subianto's broader policy to boost local manufacturing and protect domestic industries.
- Apple's move follows similar challenges faced by Google, which also faced restrictions on Pixel phone sales in Indonesia.