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News on Medial
Indonesia bans sales of Google smartphones days after blocking Apple's iPhone 16
Economic Times
·
9m ago
Medial
Indonesia has banned the sales of Google's smartphones, including the Google Pixel, due to a requirement that domestically sold phones must contain at least 40% locally manufactured components. This comes after Indonesia also blocked sales of Apple's iPhone 16 for the same reason. Consumers can still buy Google Pixel phones overseas as long as they pay the necessary taxes. Google has not yet responded to the ban. This move has been criticized as protectionism that harms consumers and investor confidence. Indonesia is known as a key market for technology investments.
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Indonesia issues telco permits for five Apple iPhone 16 models
Economic Times
·
4m ago
Medial
Indonesia has granted telecommunications permits for five models of Apple's iPhone 16, marking progress towards allowing sales following a ban for unmet local content requirements. The permits cover the iPhone 16e, iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. Apple now needs an import permit for local sales. This development accompanies Apple’s $300 million investment in Indonesia, including component plants and a research center, amidst concerns about investor confidence and protectionism.
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Indonesia says Apple's $100 million investment proposal inadequate
Economic Times
·
8m ago
Medial
Indonesia has rejected a $100 million investment proposal from Apple to build an accessory and component plant, stating that it falls short of the requirements necessary for the tech giant to sell its latest iPhone there. In November, Indonesia banned sales of Apple's iPhone 16 for not meeting the domestic requirement of 40% locally-made parts. The country has also banned sales of Google Pixel phones for a similar reason. Indonesia's Industry Minister, Agus Gumiwang Kartasasmita, expressed that the proposal did not align with principles of fairness.
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Apple iPhone 16 banned for sale in Indonesia: What's the controversy about?
Livemint
·
9m ago
Medial
Apple's iPhone 16 has been banned in Indonesia due to not meeting the country's domestic content requirements. The ban was imposed because Apple has invested less money in Indonesia compared to its commitment. The company does not have any manufacturing facilities in the country, unlike its competitors. Only a small number of iPhone 16 units have reached Indonesia this year, and they were for personal use and not for sale. In related news, Apple has released the iOS 18.1 update, bringing AI features to the iPhone 16 series and iPhone 15 Pro models.
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Why Apple’s AI success hinges on the iPhone
Livemint
·
9m ago
Medial
Apple's upcoming fiscal fourth-quarter report is expected to address concerns about the sales performance of the iPhone 16 models. Data points such as shorter shipping times and wireless carriers' earnings reports have indicated slower upgrade rates, causing some analysts to downgrade Apple's shares. The phased launch of Apple Intelligence services and the company's hardware-centric business model make iPhone sales crucial for the adoption of its generative AI capabilities. Despite being the leading maker of smartphones, there are doubts whether current AI smartphones can deliver powerful experiences. The earnings report will provide insight into iPhone revenue growth and production plans.
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Apple plans $1 billion manufacturing plant investment in Indonesia, minister says
Economic Times
·
8m ago
Medial
Apple plans to invest $1 billion in a manufacturing plant in Indonesia to produce components for its products, according to Indonesia's investment minister. The move comes after Indonesia banned sales of the iPhone 16 due to Apple's failure to meet local content requirements. The government recently increased the local content requirement, prompting Apple to consider the investment. However, details are still being finalized, and a written commitment from Apple is expected. The tech giant currently has no manufacturing facilities in Indonesia but has set up application developer academies to meet local content requirements in the past.
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Apple’s iPhone 16 Pro demand strong, base models lag in sales: Ming-Chi Kuo
Livemint
·
9m ago
Medial
- Apple launched the iPhone 16 lineup with impressive features at its Glowtime event. - iPhone 16 Pro models are meeting Apple's sales forecasts and experiencing shorter shipping times. - Sales of the base models, iPhone 16 and iPhone 16 Plus, have been lackluster, leading to reduced component orders. - Apple's next priority is to cater to demand in the US and launch Apple Intelligence with AI enhancements. - Production of iPhone 16 is expected to be between 88 and 89 million units in Q4 2024, slightly lower than iPhone 15 series.
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Apple close to winning Indonesian approval to end iPhone 16 ban
Economic Times
·
7m ago
Medial
Apple is close to lifting the ban on iPhone 16 sales in Indonesia after President Prabowo Subianto approved a $1 billion investment from the tech giant. Indonesia initially banned the sale of the flagship device due to noncompliance with domestic content requirements. Apple presented an expanded investment plan, including setting up a plant in Batam to produce AirTags and another plant in Bandung for accessories. The investment aims to gain access to Indonesia's large consumer base and support the government's efforts to boost local manufacturing. However, there is no official timeline for the resumption of iPhone sales.
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Apple needs time to be on its side for AI iPhones
Livemint
·
11m ago
Medial
Apple's upcoming iPhone release is highly anticipated as it carries significant importance for the company. The iPhone business is a major driver of Apple's revenue, accounting for more than half of its business. The new smartphones are expected to incorporate Apple's artificial intelligence technology, which could potentially boost sales. However, the market is divided about the impact of AI on iPhone demand. Additionally, the software won't be fully integrated until later this year, leading to expectations of a split sales cycle. Despite this uncertainty, investors still have high expectations for Apple's AI efforts.
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Apple step closer to seeing end of Indonesia iPhone sales ban
Economic Times
·
5m ago
Medial
Indonesia has approved local certificates for over a dozen Apple products, progressing towards lifting a ban on iPhone sales due to unmet local content requirements. Apple's $150 million investment includes building facilities for accessories and AirTags, and a semiconductor R&D center. Previously, Jakarta rejected a $100 million proposal. The move aligns Apple with regulations mandating 40% local components in phones. Despite the sales ban, non-commercial imports were allowed. Google Pixel phones face similar restrictions.
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Consumers see GenAI in smartphones as gimmick, potentially hurting sales
Livemint
·
10m ago
Medial
- Brands' push for AI features in smartphones is being perceived as gimmicky and lacking substantial value by consumers. - Samsung's sales in India, after introducing AI features in its smartphones, were 16% lower in the first half of the year compared to the same period last year, according to IDC India. - Apple's iPhone sales growth in India has primarily been driven by financing offers and discounts, not AI features. - Consumer interest in generative AI remains low as it is currently seen more as a technology than a product. - Brands are working on tighter integration of AI features into smartphones, particularly in voice interfaces, to showcase the real value addition. - Subscription plans for AI features are likely to be introduced by smartphone brands as a revenue model, especially as running the technology on the cloud can be costly.
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