Apple offered Indonesia $10M then $100M, but it now expects $1B within a week
Apple is known for playing hardball when it comes to negotiations, but it seems the Indonesian government is capable of giving as good as it gets.
The country banned the sale of the iPhone 16, saying the Cupertino company hadn’t invested enough in the local economy. Apple responded by offering to increase its manufacturing spend from $10M to $100M, but Indonesia now says it expects a billion dollars – and it wants the investment agreed within a week …
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Source: 9to5Mac
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