Tech giant Apple AAPL.O plans to invest $1 billion in a manufacturing plant in Indonesia that produces components for smartphones and other products, Indonesia's investment minister said on Thursday.

Tech giant Apple plans to invest $1 billion in a manufacturing plant in Indonesia that produces components for smartphones and other products, Indonesia's investment minister said on Thursday.

Apple (NASDAQ:AAPL) is looking to invest $1 billion in a manufacturing plant in Indonesia, the country's investment minister Rosan Roeslani told reporters. The news comes a couple of days after ...

Now, Reuters reports that Apple plans to spend $1 billion on its first manufacturing plant in Indonesia. The factory will produce smartphone components and other parts for Apple products.

Indonesia's industry minister met representatives of Apple on Tuesday to discuss the company's potential investment in the country, a prerequisite for the tech giant to sell its latest iPhone 16 ...

Apple has proposed investing almost US$10 million to make additional goods in Indonesia as it seeks to have the country’s ban on sales of its latest iPhone removed, reports the South China Morning ...

Indonesia has blocked Apple from selling its latest devices in the country, including the iPhone 16 and Apple Watch Series 10. ... it was looking at setting up a manufacturing facility there.

Apple initially invested in Indonesia by putting $109M into a developer academy there, with a further $10M manufacturing spend. The government said that Apple had fallen short on the first promise ...

Apple is reportedly exploring moving between 15 and 30 percent of its hardware production out of China. The company reportedly expanded a team looking into moving production at the end of last year.

Apple currently has no manufacturing facilities in Indonesia, a country of about 280 million people, but since 2018 it has set up application developer academies.

Apple (NASDAQ:AAPL) is looking to invest $1 billion in a manufacturing plant in Indonesia, the country's investment minister Rosan Roeslani told reporters.The news comes a couple of days after ...