In Indonesia vs Apple, is victory a double-edged sword?
Indonesia's strict local content regulations have secured a US$300 million investment from Apple, paving the way for iPhone 16 sales in the country. This agreement follows a ban on the iPhone 16 last October due to Apple's initial failure to meet local content requirements, which mandate a certain percentage of components or production processes to originate within Indonesia.
The investment plan includes establishing a software research-and-development center near Jakarta and factories to produce components for Apple products like AirPods. While the industry ministry has resumed issuing local-content certificates for Apple, a specific date for the iPhone 16's release in Indonesia is yet to be announced. Analysts caution that while this deal benefits Indonesia, the stringent regulations may deter other tech companies wary of navigating complex regulatory hurdles.
via SCMP Full Text Feed
Indonesia's strict local content regulations have secured a US$300 million investment from Apple, paving the way for iPhone 16 sales in the country. This agreement follows a ban on the iPhone 16 last October due to Apple's initial failure to meet local content requirements, which mandate a certain percentage of components or production processes to originate within Indonesia.
The investment plan includes establishing a software research-and-development center near Jakarta and factories to produce components for Apple products like AirPods. While the industry ministry has resumed issuing local-content certificates for Apple, a specific date for the iPhone 16's release in Indonesia is yet to be announced. Analysts caution that while this deal benefits Indonesia, the stringent regulations may deter other tech companies wary of navigating complex regulatory hurdles.
via SCMP Full Text Feed
