Apple and Google face a phone ban in Indonesia

Sharing is Caring!

Indonesia has banned the sale of Apple’s iPhone 16 and Google’s Pixel phones due to non-compliance with the 40% local content requirement for smartphones. The regulation mandates that phones sold in Indonesia contain at least 40% locally manufactured components.

See also  Apple guides for low growth, yet the stock's priced at a ridiculous 35x P/E ratio.

Apple has proposed a $10 million investment to establish a factory near Jakarta, producing accessories and components to meet the local content rule.

Google has not announced specific adjustments for Pixel production and does not currently distribute its Pixel phones officially in Indonesia.

The ban affects both companies’ access to Indonesia’s large and tech-savvy market, posing potential risks to their market share.

Sources:

Sources:


Views: 62

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.