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Apple's Indonesia iPhone 16 ban drama will probably end with $1 billion investment


Indonesia's president has agreed to a $1 billion deal with Apple that if approved, will build two factories that will ultimately produce 20% of the world's AirTag supply.

Indonesia's president has agreed to a $1 billion deal with Apple that if approved, will build two factories that will ultimately produce 20% of the world's AirTag supply. Sources familiar with the matter claim that Indonesia President Prabowo Subianto gave his approval to the deal, after apparently getting a brief over the weekend. The report by Bloomberg detailing the deal published on Thursday morning isn't clear on how long it will take to get to the claimed 20% of AirTag global production.

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