Apple gave a huge offer of $100 million as soon as iPhone 16 was abandoned in Indonesia, know the whole matter

Tech News Desk – The Industry Ministry of Indonesia has banned the sale of Apple's latest iPhone i.e. iPhone 16 in its country from October 25, 2024, which is still banned. Indonesia did this because Apple did not follow the country's “Local Content Rate (TKDN)” policy. Under this policy, smartphone production must include 40% local content or employment.

Apple offered $100 investment
The Indonesian government made it clear that Apple has not made the necessary investments for the production or research of iPhone 16. Now Apple has proposed to invest a total of 100 million dollars (about 15.4 billion yen) to the Indonesian government to lift the ban on the sale of iPhone 16. Let us tell you about this news in detail.

Indonesia's Industry Ministry said in a statement released on October 5 that the sale of the iPhone 16 is illegal, as Apple has not obtained permission to sell the iPhone 16. Industry Minister Agus Gumiwan Kartasasmita said, “If you have any iPhone 16 that is working in Indonesia, please inform us about it, because if you do not do so, it means that we have to remove this device. Must be considered illegal.

Apple increased investment 10 times
According to a Bloomberg report on November 5, it was reported that Apple proposed to invest $10 million in Indonesian suppliers to obtain permission to sell the iPhone 16 in Indonesia. However, this investment was not enough for the Indonesian government to lift the ban on iPhone 16 sales. Now a latest report from Bloomberg suggests that for this reason, Apple has now proposed to increase its investment in Indonesia tenfold to $100 million.

According to some unnamed people who spoke to Bloomberg about this, after receiving Apple's proposal to increase investment, the Indonesian Industry Ministry requested them to focus on smartphone research and development in Indonesia. However, the Industry Ministry has not yet taken its final decision on this new proposal of Apple. Let us tell you that this step taken by Indonesia is a part of putting pressure on foreign companies to contribute to domestic industries. The Indonesian government had earlier successfully secured a $1.5 billion joint venture between TikTok's parent company ByteDance and local tech company GoTo. Now it remains to be seen whether the Indonesian government accepts this new investment proposal of Apple or not.