Apple has proposed setting up a $1 billion factory to produce its AirTag tracking device with the help of a local partner.
Indonesia says US tech giant Apple’s proposal to invest $1 billion in local production is still not enough to meet the country’s needs for local content. Therefore, Indonesia continues to ban the sale of the iPhone 16. The Financial Times writes about this.
President Prabowo Subianto’s government reportedly banned the sale of iPhones in October due to Apple’s failure to comply with a requirement that 40% of content on phones and tablets be local.
Apple has proposed setting up a $1 billion plant to produce its AirTag tracking device with the help of a local partner, but officials said this week that the plant would not help meet local content requirements. for iPhones.
“Right now, the Ministry of Industry has no basis for issuing a local content certificate for Apple products, especially the iPhone 16,” said Indonesian Industry Minister Agus Gumiwang Kartasasmita. He added that Apple’s investment proposal was “not enough.”
Apple is “focused on the first stage of development” of the $1 billion AirTag plant, which will be operational in early 2026, Investment Minister Rozan Roslani said.
According to the Ministry of Industry, the number of active mobile phones in Indonesia is 354 million, which exceeds the country’s population of about 280 million.
It can be recalled that Apple introduced its iPhone 16 line of smartphones in September.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.