Couldn’t sell iPhone 16: Apple invests $1 billion in Indonesia!
December 4, 2024
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In a news story we shared with you in recent weeks, we talked about the US-based technology giant Apple. Indonesian government of the tension between we mentioned. Apple
In a news story we shared with you in recent weeks, we talked about the US-based technology giant Apple. Indonesian government of the tension between we mentioned. Apple could not offer the iPhone 16 for sale in Indonesia because it could not meet the conditions and had to make an agreement with the government. invest He had decided.
Apple initially raised $10 million $100 million He approached the government with investment offers. But all this proved insufficient. Indonesian Investment Minister Rosan Roeslani said Apple is coming to the country $1 billion He claimed he would invest.
An official announcement may follow next week
Apple has not yet commented on the issue made no statement. However, this situation seems to change next week. Because according to the statement of Minister Rosan Roeslani, Apple has made the announcement about the investment of 1 billion dollars. will do it next week.
Under Indonesian law, before a product is offered for sale in the country, it must Local rate of 40 percent must have. This is what Apple couldn’t meet in the iPhone 16 series. On the other hand; Apple Watch Series 10 suffered the same fate as the iPhone 16. Investment of 1 billion dollars, lift the embargo will provide.
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.