(Bloomberg) — Apple Inc. has proposed investing almost $10 million to make additional goods in Indonesia, according to people familiar with the matter, as it seeks to have the country’s ban on sales of its latest iPhone removed.
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The plan would involve Apple investing in a factory in Bandung, southeast of Jakarta, in partnership with its list of suppliers, the people said, asking not to be identified because they’re not authorized to speak publicly. The facility would make products such as accessories and components for Apple gadgets, the people said.
Apple has submitted its proposal to the nation’s Ministry of Industry, which last month blocked a permit allowing the sale of the iPhone 16 on grounds the US tech giant’s local unit hasn’t met a 40% domestic content requirement for smartphones and tablets.
The ministry is deliberating on the…
