Apple plans $1 billion investment in manufacturing in Indonesia
- iPhone 16 ban: Indonesia has imposed a ban on iPhone 16 sales due to non-compliance with local content requirements (minimum 40% of parts).
- Planned investment: $AAPL announced a $1 billion investment in a new manufacturing plant in Indonesia that will produce components for smartphones and other devices.
- Hig...
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The company hasn't come out with a new report in a while, so this one saves the day a little.