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Apple Investment
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NEWS and RUMOURS

RI Attracts Apple Investment Using TKDN Rules, This is the Analysis of UI Economist

Indonesia continues to try to attract Apple Investment from big technology companies like Apple. One of the strategies relied on is the implementation of the Domestic Component Level (TKDN) regulation. However, is this policy effective enough to boost investment and strengthen Indonesia's economic competitiveness? LPEM FEB UI economist Teuku Riefky provides an in-depth analysis on this matter. What is TKDN and Why is it Implemented? The Domestic Component Level (TKDN) is a policy that requires products or services sold in Indonesia to have a certain percentage of local components. This policy aims to: Encourage the use of domestic products. Reduce dependence on imports. Increase the competitiveness of local industries. However, this policy is not new. Developed countries such as the United States, United Kingdom, and Germany have also implemented similar policies. Unfortunately, developing countries such as India, Vietnam, and Malaysia have started to abandon this approach in favor of a more global market-oriented strategy. Why TKDN is Valued [...]

ardiya aji candra Monday, December 30, 2024

iPhone 16 in Indonesia
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NEWS and RUMOURS

Positive Signals of iPhone 16 Presence in Indonesia

  Positive Signal of iPhone 16 Presence in Indonesia Good news for Apple product lovers in Indonesia. The presence of the iPhone 16 series in the country is increasingly showing positive signals after Apple made a major investment commitment to the Indonesian government. This step is expected to accelerate the legalization process of marketing Apple's flagship products in the local market. Apple Investment: US$1 Billion Commitment Apple has expressed its readiness to invest US$1 billion (equivalent to Rp 15.95 trillion) in Indonesia. This statement was made by the Minister of Investment and Downstream/Head of BKPM Rosan Roeslani on Thursday (12/12/2024). Previously, Apple was in the spotlight because it had not met the requirements for the Domestic Component Level (TKDN) required by the Indonesian government. Without this certificate, Apple products cannot be officially marketed in Indonesia. - iPhone 16 in Indonesia However, with an investment commitment that is ten times greater than the previous offer, the government is now [...]

Fahryzal Prasetyo Monday, December 30, 2024

3 Things Why is Apple Building a Factory? Is it just for iPhone 16?
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NEWS and RUMOURS

3 Things Why is Apple Building a Factory? Is it just for iPhone 16?

Indonesia is a very attractive market for Apple, given its large population and high mobile phone usage rate. According to government data, there are more than 350 million active cell phones in Indonesia, far exceeding the population of 270 million. - Apple Builds Factory However, this huge potential does not necessarily make Indonesia the first choice location for Apple to set up a factory. Some of the challenges Apple faces in Indonesia include: 1. TKDN (Domestic Component Level) Requirements The Indonesian government requires electronic device manufacturers to fulfill TKDN requirements so that their products can be freely marketed in the country. This requirement requires companies to use a certain amount of local components, which is an obstacle for Apple that relies more on global supply chains. - Less Competitive Manufacturing Infrastructure Compared to Vietnam, manufacturing infrastructure in Indonesia still needs a lot of improvement. Regulatory instability and [...]

Fahryzal Prasetyo Saturday, December 28, 2024

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