💨 Abstract

Apple has proposed a $100 million investment to build a plant in Indonesia for manufacturing accessories and components, following a ban on iPhone 16 sales due to the company's failure to comply with local component rules. The proposed plant is set to be located in West Java and the industry minister has expressed welcoming the investment commitment. This move comes after similar bans on Alphabet's smartphones for similar reasons.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖