Indonesia wants more than $1 billion from Apple to lift iPhone ban, welcomes Huawei with open arms
CAT
1 min read
Apple is in negotiations with an increasingly demanding Indonesia to get its iPhone 16 ban lifted, while Huawei plans to shortly launch its smartphone in the country.
Tim Cook (right) with photographer Sofyan Pratama in Indonesia in April 2024 — image credit: Apple
Tim Cook (right) with photographer Sofyan Pratama in Indonesia in April 2024 — image credit: Apple
The ban on sales of the iPhone 16 in Indonesia originally followed Apple’s failure to meet its commitments to the country. Firms have to either source an unfeasibly large 40% of components from the country, or invest in development within the region, which is what Apple had committed to do.
Based on previous reports, it appears that Apple’s shortfall was around $10 million, and the company did then offer Indonesia that amount to basically make good. It was a token and the Indonesian government rejected it, making Apple up its offer to $100 million worth of investment.
Originally appeared here:
Indonesia wants more than $1 billion from Apple to lift iPhone ban, welcomes Huawei with open arms
