Bro, they don't even have the official apple store there. What to pull? lol.Shouldn't have paid them a penny. Indonesia would probably soon change its tone if Apple completely pulled out of the country.
Bro, they don't even have the official apple store there. What to pull? lol.Shouldn't have paid them a penny. Indonesia would probably soon change its tone if Apple completely pulled out of the country.
It’s called negotiation. When you place an offer on a property that is rejected and follow up with a better offer, it is not “bribery”. 🤣I'd call it bribery.
You think this kind of thing hasn't been going on for ages in multiple guises?!This will set a precedent. Other countries are watching.
If Indonesia banned every foreign product they don’t get a subsidy for, I’m guessing the country would be in a pickle.I love what Indonesia does. Usually it is the opposite. Rich companies ask for billions of dollars in subsidies wherever they build new factories. Amazon for example asked for $3 billion from New York City to locate Amazon HQ2 there. That has led to large scale protests and ultimately Amazon HQ2 will be built in Virginia.
I think countries around the world should unite against that kind of blackmail and make subsidies like that illegal everywhere.
I was in Jakarta this year. A fascinating city, but very poor. About 90% of it is slums. Pressing one billion out of Apple is a big deal. There is so much investment needed in Jakarta alone and I can understand that Indonesia does not want billions of dollars flowing out of the country into the pockets of Apple.
Just like there’s a path to citizenship for investment in many countries it’s nice to see countries not letting Apple bully them with Tim’s anticompetitive practices.This feels like blackmail to me.
No one is forcing apple to sell iPhones in Indonesia.Shouldn't have paid them a penny. Indonesia would probably soon change its tone if Apple completely pulled out of the country.
Did you forget about India? Tim caved in to them. Precedent already set.This will set a precedent. Other countries are watching.
You know how much.....How much of these monies will go to the officials' businesses or businesses of their friends and families?
Xiaomi and Samsung have factories in Indonesia.If Indonesia banned every foreign product they don’t get a subsidy for, I’m guessing the country would be in a pickle.
No, that is not what this is about. This is about Apple selling products in Indonesia, but instead of having anything physical in Indonesia or investing the profits back into the country, it takes the profits abroad. Indonesia is saying to Apple that for the economy to be good enough for Indonesians to continue to buy Apple products, Apple also has to contribute to this economy by creating jobs, for instance. In their view, Apple is just leaching off money that was generated by others.So these countries are now charging a price for accessing their cheap labor force. Maybe the goal of returning manufacturing to the U.S. might not be the pipe dream it has always been in the past. Maybe the cost of manufacturing will increase enough to make it plausible. In either event, the price of goods and services will rise. What? You think companies like Apple will not pass this $1B offer on to their customers?
Just like there’s a path to citizenship for investment in many countries it’s nice to see countries not letting Apple bully them with Tim’s anticompetitive practices.
They are charging a price for the privilege to sell to their citizens like apple charges a price to sell apps to apple customers.So these countries are now charging a price for accessing their cheap labor force. Maybe the goal of returning manufacturing to the U.S. might not be the pipe dream it has always been in the past. Maybe the cost of manufacturing will increase enough to make it plausible. In either event, the price of goods and services will rise. What? You think companies like Apple will not pass this $1B offer on to their customers?
Yeah, and watch the UK and EU continue to allow Apple free access to their customers while trying to obtain changes.now that's squeezing the $ out of Apple, W Indonesia
Only if they’re willing to block the sale of Apple devices. Like China and Indonesia are. If the EU or UK were going to do that, they would have done it long ago. Their problem is that they’d be blocking the sale of devices that are required as a critical part of their tech future. They pretend that they’re the big dog, but they literally need US Tech to even have a tech future.at some point every country on earth will have a $1B apple investment.
Knowing Indonesian politics, I would bet a penny to a pound any ‘investment’ will largely line the pockets of the existing elite.
Apple has significantly hiked its investment proposal to Indonesia and is now offering $1 billion in a bid to resolve the ongoing iPhone 16 sales ban in the country, according to the country's investment minister Rosan Roeslani (via Reuters).
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Speaking to lawmakers on Tuesday, Roeslani said the government expects to receive a written commitment from Apple within a week. "Whoever benefits from the sales must invest here, create jobs here," he added. The investment is described as a "first phase" of Apple's potential involvement in the country. The offer marks a tenfold increase from Apple's previous proposal earlier this month.
The negotiation stems from Indonesia's October ban on iPhone 16 sales after authorities determined Apple had not met the country's requirement for 40% domestic content in smartphones. The government previously rejected Apple's initial $10 million offer, followed by a $100 million proposal that included plans for research and development facilities and developer academies.
The government is particularly interested in having Apple establish local manufacturing partnerships and source components domestically. Apple has maintained developer academies in Indonesia since 2018, but the country currently hosts no Apple manufacturing facilities. Apple has not responded to requests for comment regarding the latest investment proposal.
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Article Link: Apple Raises Indonesia Investment Offer to $1B Amid iPhone Ban