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Apple Offers $100 Million Investment to End Indonesia's iPhone 16 Ban

MacRumors LogoMacRumors21h ago

Apple Offers $100 Million Investment to End Indonesia's iPhone 16 Ban - MacRumors

Quick Summary:

Apple has significantly raised its proposed investment in Indonesia to $100 million, a tenfold increase from its initial $10 million offer reported earlier this month.

However, Indonesia's Ministry of Industry is reportedly now pushing Apple to direct more of the investment toward smartphone research and development within the country.

Indonesia represents a significant market for Apple, with the country's population of 280 million operating some 354 million active mobile phones.


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Article Details

Author / Journalist: Tim Hardwick

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 03:20:49 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: macrumors.com

Language: English

Article Length: 699 words

Reading Time: 4 minutes read

Sentences: 59 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © MacRumors

News ID: 23696345

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Main Topics: Technology

Official Website: macrumors.com

Update Frequency: 10 posts per day

Year Established: 2000

Headquarters: United States

News Last Updated: 17 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #119

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  • News ID: #23696345
  • URL: https://beamstart.com/news/apple-offers-100-million-investment-17320167778611

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