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Apple Raises Indonesia Investment Offer to $1B Amid iPhone Ban
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It's a pity Indonesia dont ban the millions in aid each year the Australian government give them...
Those hands are out year after year ... but they can afford to move the capital to some remote place although progress seems to be a bit dodgy on that too...
Pity too the way Bali exports money to Jakarta who then try to implement laws in Bali that scare off tourists.
Bali is a great place.
Trump said on Joe Rogan how Tim Cook paid him a visit to ask for some way to not pay taxes. He gave them a 1 year waiver to manufacture somewhere else than China, that’s why they diversified to other countries
They are not giving away anything, they are investing. 1b investment to build plants, hire labor, etc.
Apple tried it with Mac Pro and it isn’t a roaring success. It’s still mostly made in Thailand with final assembly in Austin Texas.
A lot of Taiwan company had set up factories in this country for more than 20 years (ushered by the government guided by a overall strategy running away from China) with little award and mostly quitted.
People in this country have their leisure life style and are not a fit for 9 to 5 assembly line.
That’s insane. Apple for sure made its duty and decided it worths the money, but what if every country ask for something like that ? Apple is just a manufacturer, they can’t simply invest in every country they are selling their products.
I think they have to just pull out of Indonesia. If Samsung does the same, the Government will think twice before attempting something similar in the future.
I think they have to just pull out of Indonesia. If Samsung does the same, the Government will think twice before attempting something similar in the future.
And when companies require subsidies in the billions to build factories in your country is it also blackmail or just business?
it's not investing... it's a shakedown pure and simple.
"pay up and be protected or else"
That’s not the point is it? If efficiency is the only consideration, Apple manufacturing should stay in China. There’s no way Indonesian or American workers will be making anything for Apple.
I am happy for indonesia that it managed to force Apple to contribute to its economy. What they’ve done is no different to trumps tariff which is the price of access into the American market.
I also feel Apple has a huge blind spot when it comes to markets outside of the U.S. China and eu. Apple doesn’t even have a physical store in India until recently. It still doesn’t have any in indonesia.
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"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"
Yeah but I'm guessing the envelope going to Rosan Roeslani and his bosses isn't increasing by the same orders of magnitude... and therein lies the real problem/solution 🫴💰
Yeah but I'm guessing the envelope going to Rosan Roeslani and his bosses isn't increasing by the same orders of magnitude... and therein lies the real problem/solution 🫴💰
"If you don't invest a billion dollars into our country then you can't sell your product" is much, much, much closer to blackmail than "We charge you 15% for use of our property and systems to sell your app."
No. How is it blackmail? What deep dark secrets or damaging information does Indonesia have on Apple that makes it blackmail? Indonesia is requiring a payment (investment) in order to do business in their country just as Apple requires payments (up to 15% to 30% commission) in order to do business in Apple's "country" (iOS).
It still is blackmail. And by the way developers could use alternative stores to sell their apps, if they wish (available on EU since march 2024), but everyone want to use App Store because it is the best way to sell apps.
Apple must be going "i wish we could build all these products by robots" then could do it anywhere 24 hours a day without unions or worker rights groups interfering."
Ok - a shakedown then. Indonesia is requiring a billion dollars to open its market. Indonesia doesn't do anything to support the iPhone. Apple's commission is compensation for developing the OS, maintaining it, payment processing, hosting the apps, dealing with customers etc. A lot of work goes into that commission.
No, it is not "still" blackmail.
And by the way Apple can still sell/offer its products and services in dozens of alternative countries.
Yes, thanks to EU DMA. Are you suggesting what Apple was doing related to the App Store prior to the DMA and still does in other countries/regions is blackmail?
how about "extortion" then?
If it's extortion then so are tariffs, taxes, license or permit fees and other things which businesses may be required to pay in order to do business in particular states, countries, etc.
However, as I stated, it's not blackmail. That was my point.
If it's a shakedown then so are tariffs, taxes, license or permit fees and other things which businesses may be required to pay in order to do business in particular states, countries, etc.
However, as I stated, it’s not blackmail. That was my point.
The fact that you don't see a difference between taxes and licenses and "give us a billion dollars or else" is shocking. I suspect if a certain once and future President of the US said something similar for a foreign company to do business in the United States there would be worldwide outrage.