{"id":881000,"date":"2024-11-26T17:58:02","date_gmt":"2024-11-26T12:28:02","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=881000"},"modified":"2024-11-26T21:03:39","modified_gmt":"2024-11-26T15:33:39","slug":"indonesia-rejects-apples-100-million-investment-offer","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/26\/indonesia-rejects-apples-100-million-investment-offer\/","title":{"rendered":"Indonesia rejects Apple&#8217;s $100 million investment offer"},"content":{"rendered":"<p>Indonesia has rejected an Apple $100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the &#8220;fairness&#8221; required by the government. <\/p>\n<p>Indonesia last month prohibited the marketing and sale of the iPhone 16 model over Apple&#8217;s failure to meet local investment regulations requiring that 40% of phones be made from local parts as the country seeks to boost investments from giant tech companies. <\/p>\n<p>Following the ban, Apple offered to increase its investments in Indonesia by $100 million to allow the new phone to be sold domestically. <\/p>\n<p>But industry minister Agus Gumiwang Kartasasmita said Apple had not met the government&#8217;s requirements, especially when compared with the tech giant&#8217;s investments in other countries. <\/p>\n<p>&#8220;Currently, Apple still has not invested in production facilities or factories in Indonesia,&#8221; he said in a statement released late Monday. <\/p>\n<p>He said the ministry urged Apple to immediately set up a production facility or factory in Indonesia &#8220;based on the fairness principles&#8221; so the company does not have to file an investment scheme proposal every three years. <\/p>\n<p>Despite the sales ban, the Indonesian government still allows iPhone 16 to be carried into Indonesia if they are not being traded commercially. <\/p>\n<p>The government estimates about 9,000 units of the new model have entered the country that way. <\/p>\n<p>Indonesia also banned the sale of Google Pixel phones for failing to meet the 40% parts requirement. <\/p>\n<p>About 22,000 Google Pixel phones entered the country this year despite the ban.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indonesia has rejected an Apple $100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the &#8220;fairness&#8221; required by the government. Indonesia last month prohibited the marketing and sale of the iPhone 16 model over Apple&#8217;s failure to meet local investment regulations requiring that 40% of phones be made from local parts as the country seeks to boost investments from giant tech companies. Following the ban, Apple offered to increase its investments in Indonesia by $100 million to allow the new phone to be sold domestically. But industry minister Agus Gumiwang Kartasasmita said Apple [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-881000","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/881000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=881000"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/881000\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=881000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=881000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=881000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}