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Indonesia Calls Apple's $100-Million Investment Offer Unfair.

Authors :
Listiyorini, Eko
Jiao, Claire
Source :
Bloomberg.com; 11/25/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Indonesia's Industry Minister has deemed Apple's $100 million investment offer as unfair, citing discrepancies in the amount compared to investments made in other countries. The government is seeking further negotiations before allowing the sale of the iPhone 16 in the country. This move is part of Indonesia's efforts to boost local manufacturing and prioritize fair resolutions with international companies. Despite challenges, Indonesia remains a potential growth market for tech companies like Apple. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
181094239