Last month the iPhone 16 series got banned in Indonesia, because of Apple having previously committed to investing IDR 1.71 trillion (approximately $107 million) in the country in local R&D facilities and then not meeting that commitment.
Earlier this month, Apple pledged around $10 million in investments in Indonesia in a new factory to circumvent the ban, and today the company has boosted that planned investment tenfold, up to $100 million – which incidentally is very, very close to the sum it was initially supposed to invest and didn’t.
The $100 million would be invested in…
Last month the iPhone 16 series got banned in Indonesia, because of Apple having previously committed to investing IDR 1.71 trillion (approximately $107 million) in the country in local R&D facilities and then not meeting that commitment.
Earlier this month, Apple pledged around $10 million in investments in Indonesia in a new factory to circumvent the ban, and today the company has boosted that planned investment tenfold, up to $100 million – which incidentally is very, very close to the sum it was initially supposed to invest and didn’t.
The $100 million would be invested in… Read More GSMArena.com – Latest articles
