Apple has announced plans to invest an additional $100 million in Indonesia as part of its efforts to lift the ban on the sale of its latest iPhone model in the country. The new investment will include the establishment of a manufacturing facility in the city of Bandung, located in the Southeast region of Jakarta, where components and accessories for Apple devices will be produced in partnership with local suppliers.
This move comes after the Indonesian government announced a ban on the sale of iPhone 16 in the country last month due to Apple's failure to meet the required local production quota. The government stated that Apple had previously invested $97 million in the country, which fell short of the expected $175 million investment.
In response to the ban, Apple has decided to increase its investment in Indonesia to meet the required local production quota. This latest investment is a significant step towards resolving the issue and ensuring the continued availability of Apple devices in the Indonesian market.
The new investment is a positive development for both Apple and the Indonesian economy, as it will create new job opportunities and stimulate economic growth in the region. It also demonstrates Apple's commitment to meeting local content requirements and expanding its presence in emerging markets.