Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

Apple to meet Indonesia on new investment proposal

Representatives from Apple will meet with Indonesia’s Industry Ministry on Tuesday to discuss investment commitments needed to sell the iPhone 16 in the country.

Indonesia previously banned sales of the device due to Apple not meeting regulations requiring 40% of smartphone components be sourced domestically.

Apple had committed US$10 million for the 2021-2023 period but now needs a new investment plan for 2024-2026.

Febri Hendri, a spokesperson for the ministry, confirmed that discussions will center on an investment proposal submitted by Apple.

Apple did not respond to requests for comment.

Recent Apple developments

Timeline
06-Jan-2025 📉 Apple sales drop in China as Huawei rises
  • Foreign smartphone share in China drops 47.3%
  • Apple faces rising competition from Huawei
02-Jan-2025 ⚖️ Apple to pay $95m settlement over Siri privacy violations
  • Apple to pay $95M in Siri privacy lawsuit
  • Settlement awaits federal court approval
02-Jan-2025 📱 Apple offers four-day iPhone discounts in China
  • Apple offers discounts on select iPhones in China
  • Price cuts up to 500 yuan on iPhone 16 Pro models
25-Dec-2024 ⚖️ Apple requests to join Google antitrust trial
  • Apple joins US antitrust case against Google.
  • Google considers easing agreements with partners.

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.