Indonesia has declined Apple’s $100 million investment, citing unmet local content requirements. The government demands stronger commitments, including overdue investments and contributions to local manufacturing, in line with policies introduced in 2023. Competitors like Samsung and Xiaomi comply with the rules, dominating the market. With a population of 270 million, Indonesia holds growth potential for Apple, but the stalemate persists.
Indonesia has declined Apple’s $100 million investment, citing unmet local content requirements. The government demands stronger commitments, including overdue investments and contributions to local manufacturing, in line with policies introduced in 2023. Competitors like Samsung and Xiaomi comply with the rules, dominating the market. With a population of 270 million, Indonesia holds growth potential for Apple, but the stalemate persists.