Apple now promises to invest $100 million in Indonesia to get rid of iPhone 16 ban
Last month the iPhone 16 series got banned in Indonesia, because of Apple having previously committed to investing IDR 1.71 trillion (approximately $107 million) in the country in local R&D facilities and then not meeting that commitment.
Earlier this month, Apple pledged around $10 million in investments in Indonesia in a new factory to circumvent the ban, and today the company has boosted that planned investment tenfold, up to $100 million - which incidentally is very, very close to the sum it was initially supposed to invest and didn"t.
The $100 million would be invested in Indonesia over the course of two years, according to people familiar with the matter (which hasn"t been publicly announced yet).
The $10 million previously pledged was to go to a factory making accessories and components in the city of Bandung. It"s unclear where the other $90 million now offered will end up, but of course Apple has a lot of options, including asking its manufacturing partner Foxconn to establish assembly lines in Indonesia.
