Apple Might Have To Commit $1 Billion To Indonesia To Reverse iPhone 16 Ban

Quick Summary:

Also Read: Meta Weighs Sole Ownership Of A $10 Billion Subsea Cable Project

In November, Indonesia rejected Apple’s $100 million investment offer to build an accessory and component plant, deeming it insufficient to lift the ban.

Indonesia expects more investment from Apple in return for its inclusion in the company’s supply chain, Reuters cites Roeslani in a hearing.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesChinaIndonesia

Topics: US38259P7069 Top Stories Stories That Matter Media Government GOOGL Tech Briefs Benzinga AAPL US38259P5089 US0378331005 GOOG Regulations News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 16:15:23 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 572 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24096001

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 22 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions