Indonesia to assess $100 mn Apple investment proposal to end iPhone 16 ban

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According to authorities, Apple has only invested 1.5 trillion rupiah (about $95 million) in the nation via developer academies, falling short of a commitment of 1.7 trillion rupiah.

Indonesia has also banned sales of Alphabet Inc.’s Google Pixel phones over a similar lack of investment.

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Article Details

Category: BusinessFinance

Markets: IndiaIndonesia

Topics: Mumbai IPhone 16 Apple investment Apple Inc NCR IPhone Smartphones Deirdre O'Brien Apple Senior Vice President of Retail Delhi IPhone 16

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 08:38:03 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 321 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 23727544

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 281 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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News Language: English

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Publisher ID: #49

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