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Jakarta is seeking to boost investment from foreign tech companies with restrictive measures that require their phones to be 40 per cent sourced from parts in Indonesia.
Absolutely ridiculous policy. Imagine if every country pulled this stunt.
One option would be for the big manufacturers to ignore the market and see if new players are able to thrive in such a market or not.
If the amount requested is too steep, they’ll end up with no new players and a shortage of high end phones, which is sure to piss off a portion of the population.
Not every country has 280 million people. Roughly calculated, judging by income, around 15% can afford an iPhone, and that translates to 40 million potential phones. Let’s see how Apple and Giigle will react.
“40 million potential phones” sounds like a lot, but it’s a lot less of a lot if you have to tank your entire supply chain to sell them.
Exactly, especially to placate a country with no electronics manufacturing industry to speak of. How would Apple even meet that 40% target, and how is that number defined? Is it by % of material cost, or size, or weight, or what?
Blackmail is a terrible way to attract investment to your country. This is like Elon suing advertisers who left Twitter after he told them to fuck off.
Jakarta is seeking to boost investment from foreign tech companies with restrictive measures that require their phones to be 40 per cent sourced from parts in Indonesia.
lol
Hate to break it to you Indonesia but you have zero clout in this relationship. I don’t think Google nor Apple care.
Certain people in another large country are currently proposing tariffs.
What?! Is this for real? It’s hilarious
