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Indonesia Rejects Apple's \$1 Billion Investment Proposal
Indonesia rejected Apple's \$1 billion investment proposal for an AirTag production facility in Batam, deeming it insufficient to meet local component requirements for iPhone 16 sales under the Domestic Component Level (TKDN) regulation, which mandates that 40% of smartphone parts be domestically pr...
Indonesia Rejects Apple's \$1 Billion Investment Proposal
Indonesia rejected Apple's \$1 billion investment proposal for an AirTag production facility in Batam, deeming it insufficient to meet local component requirements for iPhone 16 sales under the Domestic Component Level (TKDN) regulation, which mandates that 40% of smartphone parts be domestically pr...
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