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 plans $10m factory in Indonesia to lift iPhone ban

Apple is considering a US$10 million investment in Indonesia aimed at addressing a ban on selling its latest iPhone model in the country, according to sources familiar with the situation.

The proposal involves collaborating with suppliers to establish a factory in Bandung, the capital of West Java province.

This facility would produce accessories and components for Apple products, expanding local production capabilities.

Indonesia’s industry ministry received the proposal after denying a permit for the iPhone 16. Apple had not met the required 40% local content in its devices.

Recent Apple developments

Timeline
04-Nov-2024 📱 Apple, Indonesia in talks over iPhone 16 investment gap
  • Apple discusses iPhone 16 launch in Indonesia
  • Investment gap of $14.8M must be addressed
04-Nov-2024 📡 Apple to invest $1.5b in Globalstar for iPhone services
  • Apple invests $1.5B in Globalstar
  • 85% of capacity dedicated to Apple services
04-Nov-2024 🖼️ Apple acquires Lithuanian image editing firm Pixelmator
  • Apple acquires Lithuanian firm Pixelmator
  • No immediate app changes promised by Pixelmator
01-Nov-2024 📉 Apple’s China sales dip despite iPhone boost
  • Apple’s China sales dip causes 1.4% share drop
  • iPhone sales rise 5.5%, exceeding analyst expectations
01-Nov-2024 📈 Apple’s services boast 74% margin, revenue hits $25b
  • Apple’s services revenue hits $25B, 12% up
  • CFO reports $100B annual run rate for services

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.