A spokesman for Indonesia's Industry Ministry said the ministry would meet with Apple representatives on Tuesday to discuss Apple's investment in Indonesia, a prerequisite for the U.S. technology giant to sell its latest iPhone 16 model in the country. Indonesia banned Apple from selling iPhone 16 locally last year because the company failed to meet the requirement that smartphones sold in Indonesia contain at least 40% locally made components.
Apple currently has no production facilities in Indonesia but has established an app development academy in the country since 2018.
Febri Hendri, spokesman for the Indonesian Ministry of Industry, said: "Today, Apple's top executives will come to the Ministry of Industry to negotiate on unfulfilled investment commitments and Apple's proposal."
Indonesia has previously said it requires Apple to commit to new investments every three years, with its last commitment worth $10 million expiring in 2023. The company needs to make new commitments for 2024-2026.
The Indonesian government has previously said that Apple plans to invest $1 billion in a manufacturing plant to produce components for smartphones and other products, with specific details still being finalized.
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