Apple to invest $160M in Indonesia to help resume iPhone 16 sales, with Luxshare committing $150M for a factory to produce about 65% of global AirTag supply (Financial Times)

Financial Times:
Apple to invest $160M in Indonesia to help resume iPhone 16 sales, with Luxshare committing $150M for a factory to produce about 65% of global AirTag supply  —  Agreement to put $160mn into manufacturing and innovation comes after Jakarta rejected $1bn offer from US tech giant

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