Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
Tech
News18 » Tech
1-min read

Apple Can Sell iPhone 7s in Indonesia After R&D Investment Commitment

Apple has an uphill battle in the country of 250 million people, which has a young, internet-savvy demographic that is among the world's biggest users of social media.

Reuters

Updated:December 16, 2016, 3:48 PM IST
facebookTwitterskypewhatsapp
Apple, iPhone, Display, Aspect Ratio
Apple next-gen iPhones will sport a 18.5:9 aspect ratio. (Image: REUTERS/Thomas Peter/File Photo)
Loading...

Apple Inc has committed to invest around $44 million in a research and development center in Indonesia over the next three years, a senior government official said, enabling it to start selling its latest iPhone 7 in the Southeast Asian nation.

Read more: Apple Store Down: Super Mario Run To be Blamed?

Indonesia, a promising smartphone market where Apple has trailed some rivals, has stipulated that starting from January 2017, all 4G handsets sold there must have a local content of at least 30 percent. That rule can be met in terms of hardware, software or an investment commitment.

Apple received a "local content certification" in November, I Gusti Putu Suryawirawan, director-general for metal, machines, transport equipments and electronics at the industry ministry, said in a text message.

Read more: New Facebook Messenger Has Snapchat-like Camera Features

"Apple has committed around $44 million to invest in R&D over three years," Suryawirawan said. "Therefore, they can distribute devices priced 6 million rupiah ($448) and above. That means all iPhones can be distributed."

An Apple spokeswoman declined to confirm the investment figure, but pointed to an announcement last year that the U.S. tech company had committed to build an iOS App Development Center in Indonesia.

Apple has an uphill battle in the country of 250 million people, which has a young, internet-savvy demographic that is among the world's biggest users of social media.

In the second quarter of this year, South Korea's Samsung led with a 26 percent share of Indonesia's smartphone market by sales volume, trailed by China's OPPO with 19 percent, according to research firm IDC. Both Samsung and OPPO have factories in Indonesia.

OPPO's army of sales representatives, advertising blitz and middle-end pricing have propelled it to no. 2 in Indonesia within just three years.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

| Edited by: Krishna Sinha Chaudhury
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results