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Apple Submits $10 Million Investment Proposal in Indonesia Amid iPhone Ban

Nnaemeka OkwarabyNnaemeka Okwara
November 5, 2024
in Tech
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Apple Submits $10 Million Investment Proposal in Indonesia Amid iPhone Ban
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Apple Inc. has formally submitted a proposal to invest approximately $10 million in Indonesia aiming to increase its production of products in the country.

This decision follows the US technology company’s efforts to overturn the Indonesian government’s recent prohibition on selling its newest iPhone model.

Last month, Indonesia’s Ministry of Industry stopped the iPhone 16 from being sold in the market because Apple didn’t meet a requirement to use 40% local materials. Apple’s new plan involves setting up a production facility in Bandung, which is near Jakarta, by working with its suppliers.

According to sources, the factory would make accessories and parts for different Apple products. The ministry is now looking at Apple’s investment plan, which is not final and could still undergo changes.

Tags: AppleApple Submits $10 Million Investment Proposal in Indonesia Amid iPhone Banbanfederal characterIndonesiaiPhoneNews
Nnaemeka Okwara

Nnaemeka Okwara

Okwara Nnaemeka Emmanuel is a skilled wordsmith, passionate blogger, and content writer with a degree in Media Content, He has made a significant mark in the industry. He also holds certification in Marketing and advertising. He has honed a unique blend of creativity and strategic thinking.Driven by a belief in the power of creativity, He has established a niche for himself in diverse regions, leaving a trail of successful projects and satisfied clients. His ability to craft compelling narratives and engage audiences sets him apart in the competitive world of content creation.As a dedicated professional, He continues to push boundaries and set new landmarks in their field. Whether it's through captivating blog posts, persuasive copywriting, or innovative content strategies, Nnaemeka’s consistently delivers excellence, leaving a long lasting impact

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