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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.
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.