Apple Offers $100M to Bring iPhone 16 to Indonesia
- Indonesia has blocked iPhone 16 sales because they do not contain 40% locally made components.
- Apple has offered a $100 million investment to lift Indonesia’s iPhone 16 sales ban, Bloomberg says.
- Indonesia is an important and growing market for Apple as it is worlds fourth populous nation
- Indonesia isn’t the first country to ban Apple products; France, Brazil, and China have previously implemented similar bans.
Apple is taking a major step to bring iPhone 16 back to Indonesia. In exchange for lifting the ban on the phone, Apple has proposed a $100 million investment in the country over the next two years.
The ban was imposed last month by Indonesia’s Ministry of Industry, which urged Apple to focus on local manufacturing and research for its smartphones. Originally, Apple offered a $10 million investment to set up a factory in Jakarta for producing parts for its devices. However, the company has now upped its offer to $100 million.
While the Indonesian government has not yet made a final decision, this proposal shows Apple’s commitment to maintaining its presence in the country. This approach isn’t new for Indonesia — they used similar tactics with ByteDance, TikTok’s parent company, pressuring them to invest $1.5 billion in the country. Will Apple’s increased offer win them a favorable response? Time will tell!