Indonesia expects Apple to invest $1 billion to get the iPhone 16 back on sale

Indonesia’s investment minister, Rosan Roeslani, said that the country is expecting $1 billion from Apple as an investment. It’s important to note that Indonesia has banned iPhone 16 sales locally because the smartphones must contain at least 40 percent locally-made parts. Apple doesn’t have any manufacturing facilities in Indonesia, so it cannot meet this requirement. … Read more

China has banned certain metal exports in retaliation to the US chip restrictions

As of today, Chinese gallium, germanium and antimony are no longer being exported to the US. Germanium and gallium exports had already ceased in October, and antimony exports have dropped by 97 percent since September. This official declaration comes a day after the US announced it would further tighten technological exports to China, particularly referring … Read more

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