For subscribers
News analysis
Local content, global consequences: Apple’s battle to sell its latest phone in Indonesia
Sign up now: Get ST's newsletters delivered to your inbox
Apple has reportedly increased its offer to invest in Indonesia by almost tenfold to US$100 million (S$133 million).
PHOTO: REUTERS
Follow topic:
JAKARTA - The back and forth between Apple and Indonesia over the sale of the latest iPhones is testing the allure of the archipelago, as observers note how the protracted dispute highlights the difficulties investors face in doing business in South-east Asia’s largest country.
On Nov 19, Bloomberg reported that Apple has increased its offer to invest in Indonesia by almost tenfold to US$100 million (S$133 million) – the American tech titan’s latest move to persuade the country to lift its ban on iPhone 16 launched in September worldwide
