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Apple to shell out $1 billion on a manufacturing plant in Indonesia
Negotiating with one of the largest companies in the world doesn’t sound easy, but that’s precisely what Indonesia has been doing for the past few weeks
Negotiating with one of the largest companies in the world doesn’t sound easy, but that’s precisely what Indonesia has been doing for the past few weeks with iPhone maker Apple. The backstory here is that after the country required smartphones which are sold domestically to be made of at least 40% locally manufactured parts, Indonesia banned iPhone 16 sales. While the move follows Indonesia’s crackdown on foreign production, it fits a trend as over the past few years Apple has diversified its supply chain to reduce reliance on China.
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