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JAKARTA, Dec 5 (Reuters) - Tech giant Apple <AAPL.O> plans to invest $1 billion in a manufacturing plant in Indonesia that produces components for smartphones and other products, Indonesia's ...
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Apple plans $1B manufacturing plant investment in IndonesiaTech giant Apple plans to invest $1 billion in a manufacturing plant in Indonesia that produces components for smartphones and other products, Indonesia's investment minister said on Thursday.
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Apple set to invest $1B in manufacturing plant in Indonesia, investment minister saysApple (NASDAQ:AAPL) is looking to invest $1 billion in a manufacturing plant in Indonesia, the country's investment minister Rosan Roeslani told reporters. The news comes a couple of days after ...
Now, Reuters reports that Apple plans to spend $1 billion on its first manufacturing plant in Indonesia. The factory will produce smartphone components and other parts for Apple products.
The deal concludes a battle that began in October, when Indonesia refused to issue permits for Apple's flagship iPhone lineup over Apple's failure to comply with domestic manufacturing requirements.
Apple responded by offering to increase its manufacturing spend from $10M to $100M, but Indonesia now says it expects a billion dollars – and it wants the investment agreed within a week ...
Apple has proposed investing almost US$10 million to make additional goods in Indonesia as it seeks to have the country’s ban on sales of its latest iPhone removed, reports the South China Morning ...
In a last-ditch effort to reverse the sales ban, Apple proposed the investment, but it's clear Jakarta wasn't impressed. Jobs’ Mob has no manufacturing facilities in Indonesia. Since 2018 ...
only Yageo operates an Apple product manufacturing site in Indonesia, located in Mukakuning on Batam Island. Analysts view Apple's US$10 million investment as modest, given Indonesia's large ...
Apple has established four developer academies in Indonesia and, as of earlier this year, it was looking at setting up a manufacturing facility there. Samsung and Xiaomi are among the smartphone ...
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