Insight

Apple’s $1bn Offer Is Not Enough for Indonesia

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Algo Research Team


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Key Summary:


  • Apple's offers a new $1bn proposal
  • Indonesia wants a relevant investment
  • Bureaucratic problem risks hindering growth

This week, representatives from Apple stated that it has offered to invest $1bn in Indonesia to build a manufacturing supply chain to produce AirTag, but it remains short of expectations.


What happened? In October 2024, Indonesia banned the sale of iPhone 16 as the government wants Apple to meet its local investment and content production criteria.


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