Apple Inc (NASDAQ:AAPL) faces challenges in Indonesia as the government deems the tech giant’s proposed $100 million investment insufficient to lift a ban on selling its latest iPhone model. The restriction is tied to regulations mandating that smartphones sold domestically must contain at least 40% locally sourced components. Indonesia’s Industry Minister, Agus Gumiwang Kartasasmita, stated that Apple’s proposal needs to align with fairness pri…

Channel News Asia

Singapore

Indonesia says Apple's $100 million investment proposal inadequate

JAKARTA : Indonesia said a $100 million investment proposal from Apple to build an accessory and component plant was not enough for the country to allow the tech giant to sell its latest iPhone model, its industry ministry said on Monday.Indonesia in November banned sales of Apple's iPhone 16 after it fai

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Government of Singapore

Ad Fontes Media

Benzinga

New York

United States

Apple $100 Million Proposal Rejected As Indonesia Maintains iPhone Ban - Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL)

JAKARTA - Indonesia said a $100 million investment proposal from Apple to build an accessory and component plant was not enough for the country to allow the tech giant to sell its latest iPhone model, its industry ministry said on Monday.

Bangkok Post

Stock Exchange of Thailand

Bangkok

Thailand

Indonesia says Apple's $100m investment proposal inadequate

JAKARTA -- Indonesia says Apple's $100 million investment plan is not enough to end a sales ban on the iPhone 16 and that the company should consider

Nikkei

Nikkei, Inc.

Japan

Indonesia rejects Apple's $100m investment to lift iPhone 16 sales ban

The move signals Jakarta is seeking further negotiations before lifting a ban on domestic iPhone 16 sales.

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Chatchaval Jiaravanon

Indonesia calls Apple’s $100-million investment offer unfair

The municipality of Rotterdam is going to return art objects from the colonial period to Indonesia. They are two statues from Lombok and 66 objects from South Bali. They include jewelry, textiles and ceremonial weapons. The art objects were managed by the Wereldmuseum in Rotterdam and owned by the city.

De gemeente Rotterdam gaat kunstobjecten uit de koloniale tijd teruggeven aan Indonesië. Het zijn twee beelden afkomstig uit Lombok en 66 objecten uit Zuid-Bali. Het gaat om onder meer sieraden, textiel en ceremoniële wapens. De kunstobjecten waren in beheer bij het Wereldmuseum in Rotterdam en in handen van de stad.

Rotterdam geeft koloniale kunststukken terug aan Indonesië

rd.nl

Apeldoorn

Gelderland

Netherlands

Rotterdam returns colonial artwork to Indonesia

The new Apple smartphone cannot currently be sold in the fourth largest country in the world. Apple wants to smooth things over with money, but the amount is too small.

Aktuell kann das neue Apple-Smartphone im viertgrößten Land der Erde nicht verkauft werden. Apple will die Wogen mit Geld glätten, doch der Betrag ist zu klein.

Streit mit Apple um iPhone 16: Indonesien reichen 100 Millionen Dollar nicht

Heise

Germany

Dispute with Apple over iPhone 16: Indonesia is not satisfied with $100 million

Investing.com

Indonesia says Apple's $100 million investment proposal inadequate By Reuters

Apple’S proposal to invest US$100 million in Indonesia hasn’t met “fairness” principles, a top government official said, signalling Jakarta may reject the offer and keep a ban on domestic iPhone 16 sales.

Business Times

Indonesia calls Apple’s US$100 million investment offer unfair

Indonesia has dismissed a $100 million investment proposal from Apple aimed at lifting a sales ban on the iPhone 16, citing it as insufficient to meet the country’s local content requirements.   The post Indonesia rejects Apple’s $100m proposal, extends iPhone 16 sales ban  appeared first on Nairametrics.

Nairametrics

Indonesia rejects Apple’s $100m proposal, extends iPhone 16 sales ban

Apple

IPhones

Smartphones

Indonesia

MacDailyNews

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wiredfocus.com

techeconomy.ng

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Apple $100 Million Proposal Rejected As Indonesia Maintains iPhone Ban - Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL)

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