Apple Proposes $100M Investment in Indonesia Amid iPhone 16 Ban

GuruFocus.com11-21 20:59

Apple's (AAPL, Financial) iPhone 16 sales declined in Indonesia because Apple failed to conform to local production requirements. As a result, the firm has presented an investment plan of $100 million...

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As a result, the firm has presented an investment plan of $100 million...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-proposes-100m-investment-indonesia-125958363.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2361044865.SGD","symbol_name":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/apple-proposes-100m-investment-indonesia-125958363.html","article_id":"2485215493","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/R5O2WdZW4S6TRZdE63223g--~B/aD00NzU7dz01NTA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/f6d5f9d51b104961cf24aa8d5b100889"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485215493","pubTimestamp":1732193998,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Apple's  iPhone 16 sales declined in Indonesia because Apple failed to conform to local production requirements. As a result, the firm has presented an investment plan of $100 million to set up a manufacturing plant in the country. The offer is ten times larger than an earlier $10 million offer to fix the conflict reached by Bloomberg and other outlets.GuruFocus has detected 3 Warning Signs with ELF.Indonesia has set a rule that about 40% of the components of appliances imported into the country should be manufactured locally to promote local industries. Apple failed to meet this requirement, which saw iPhone 16 sales put on hold a few weeks after its launch in September. The proposed plant, expected to be established in West Java, will mainly concentrate on producing accessories and other components to ensure compliance.The Ministry of Industry of Indonesia is scheduled to consider Apple's proposal on Thursday, implicating renewed bargaining. The ban also applied to Alphabet's Google ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU0784383803.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A\" (USD) INC A","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0788109477.HKD":"BGF GLOBAL ALLOCATION \"A2\" (HKDHGD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","AAPL":"苹果","LU0861579265.USD":"联博低波幅策略股票基金A","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU1035773651.USD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4512":"苹果概念","LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU2097344431.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) INC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","GOOG":"谷歌","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","GOOGL":"谷歌A","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","SG9999014559.SGD":"United Income Focus Trust Dis SGD","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","LU1196500208.SGD":"NORDEA STABLE RETURN \"HB\" (SGDHDG) ACC"},"translate_title":"iPhone 16禁令期间苹果提议在印尼投资1亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":1,"GOOG":0.9,"GOOGL":0.82},"content_text":"Apple's (AAPL, Financial) iPhone 16 sales declined in Indonesia because Apple failed to conform to local production requirements. As a result, the firm has presented an investment plan of $100 million to set up a manufacturing plant in the country. The offer is ten times larger than an earlier $10 million offer to fix the conflict reached by Bloomberg and other outlets.\n\nWarning! GuruFocus has detected 3 Warning Signs with ELF.\n\nIndonesia has set a rule that about 40% of the components of appliances imported into the country should be manufactured locally to promote local industries. Apple failed to meet this requirement, which saw iPhone 16 sales put on hold a few weeks after its launch in September. The proposed plant, expected to be established in West Java, will mainly concentrate on producing accessories and other components to ensure compliance.\nThis massive shift highlights the company's future route in the still-growing market in Indonesia, a country in Southeast Asia. It has a population of more than 280 million people and is an attractive market for international technology companies. The investment also corresponds to the company's long-term plan to de-emphasize reliance on Malaysia as a production hub as it diversifies throughout Southeast Asia; prior commitments in Vietnam were made earlier this year.\nThe Ministry of Industry of Indonesia is scheduled to consider Apple's proposal on Thursday, implicating renewed bargaining. The ban also applied to Alphabet's Google (GOOG, Financial), which encountered the same restrictions with Pixel smartphones. These developments highlight that local production policies increasingly shape the emergence of the international technology landscape and market opportunities.This article first appeared on \nGuruFocus.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485215493"}