We have a new development in the ongoing Apple \u2013 Indonesia saga. Indonesia\u2019s Investment Minister, Rosan Roeslani, confirmed to local lawmakers that Apple has now allegedly committed a $1 billion investment in the country. The news comes after Apple proposed investments of $100 million<\/a> and $10 million<\/a> last month after initially committing IDR 1.71 trillion ($109 million) in local R&D facilities.<\/p>\n
<\/p>\n Whoever benefits from the sales must invest here, create jobs here. What’s important is how the global value chain moves here, because once it does, suppliers follow. – Rosan Roeslani, Indonesia Investment Minister<\/p>\n
\n<\/p><\/blockquote>\n Roeslani also added that he expects Apple to formally announce its investment commitment next week. The news marks a potential resolution to Apple\u2019s ongoing iPhone 16 and Watch 10 ban<\/a> in Indonesia. Cupertino\u2019s products were banned due to unmet investment commitments.<\/p>\n As per Indonesian law, foreign companies must provide 40% local content to operate in the country as part of the Domestic Component Level (TKDN) certification. Companies can fulfill those requirements by either manufacturing products locally, developing software locally or setting up R&D centers.<\/p>\n Indonesia is Southeast Asia\u2019s largest economy, and Apple has reportedly considered expanding its production of accessories and components locally. If the new investment figure is confirmed, Apple could be looking at a long-term manufacturing commitment in Indonesia..<\/p>\n![\"Bloomberg:](\"https:\/\/fdn.gsmarena.com\/imgroot\/news\/24\/12\/apple-1b-investment-indonesia\/-1200w5\/gsmarena_001.jpg\")
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