Politics
Indonesia bans iPhone 16 sales due to lack of local investment | News
Apple has been banned from marketing and selling its iPhone 16 in Indonesia due to failure to comply with the country's local investment and manufacturing regulations. The industry ministry cited Apple's failure to meet the requirement that 40% of smartphones and tablets be purchased or produced locally.
In a press release issued on Friday, the ministry explained: “iPhone 16s imported by registered importers cannot be sold in the country since PT Apple Indonesia has not yet fulfilled its investment commitment to obtain certification of the “local content level” in innovation. This is Apple's local subsidiary, PT Apple Indonesia.
According to media reportsPT Apple Indonesia fell short of its promised investment of 1.7 trillion rupiah ($108 million), having invested only 1.5 trillion rupiah ($95 million) so far. Although Apple has established four developer academies in Indonesia, the company has not yet committed to building a manufacturing plant, which Indonesian authorities have been calling for. In April, Apple CEO Tim Cook acknowledged the government's demand for local manufacturing in a meeting with President Joko Widodo, but made no firm commitments, saying only that the company would “study” this possibility.
The Ministry of Industry also noted that around 9,000 units of the iPhone 16 have entered Indonesia via travelers and postal deliveries since its launch. Although these devices are permitted for personal use, their commercial sale is strictly prohibited. The ministry further clarified that older Apple iPhone models remain available for sale in the country.
Indonesia's local content regulations are part of a broader strategy to attract foreign investment and strengthen domestic industries. However, these rules – which vary by sector – have been criticized as protectionist and sometimes seen as disincentivizing potential investors. Indonesia nevertheless represents a huge market for Apple, with around 354 million active mobile phone users, exceeding the country's population of around 280 million, according to the ministry.
The sales ban also coincides with a political change in Indonesia, with newly elected President Prabowo Subianto taking office. Subianto has pledged to introduce investment-friendly policies, but continued enforcement of strict local content requirements suggests Indonesia will continue to focus on land-based production, echoing the ban on nickel ore export implemented under former President Joko Widodo.
Apple has not yet responded to the ban.
Sources 2/ https://www.campaignasia.com/article/indonesia-bans-iphone-16-sales-over-local-content-compliance/499148 The mention sources can contact us to remove/changing this article |
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]