Indonesia to meet Apple on investment proposal, official says
Indonesia's industry ministry will meet representatives from Apple on Tuesday to discuss its investment in the country, a prerequisite for the tech giant to sell its latest iPhone 16 locally, a ministry official said.
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Indonesia last year banned sales of Apple's iPhone 16 after it failed to meet requirements that smartphones sold domestically should comprise at least 40% locally-made parts.
Apple currently has no manufacturing facilities in Indonesia, a market of 280 million people, but has since 2018 set up application developer academies in the country.
«Today, Apple's top brass will come to the Industry Ministry to negotiate the outstanding investment commitment and Apple's proposal,» Industry Ministry spokesperson Febri Hendri said.
Apple did not immediately respond to a request for comment.
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