$44M R&D investment buys Apple the right to sell the iPhone 7 in Indonesia

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$44M R&D investment buys Apple the right to sell the iPhone 7 in Indonesia

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<p>Apple has been granted the right to sell the iPhone 7 in Indonesia following an agreement to invest around $44M in an R&amp;D center in the country, reports <a href="http://www.reuters.com/article/us-apple-indonesia-idUSKBN14515I?feedType=RSS&amp;feedName=technologyNews" target="_blank">Reuters[/url]. The investment was <a href="https://9to5mac.com/2016/11/28/after-india-china-apple-said-to-be-setting-up-an-rd-center-in-indonesia-next-year/" target="_blank">first rumored[/url] in November, and has now been confirmed by a senior government official in a text message.</p>

<p class="p1"><span class="s1">“Apple has committed around $44 million to invest in R&amp;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.”</span></p>

<p class="p1"><span class="s1">Indonesia is an extremely important market for Apple as the world’s fourth most populous country after China, India and the USA … </span></p>
<p class="p1"> <a href="https://9to5mac.com/2016/12/16/indonesia-apple-rd-center-iphone-7/#more-459091" class="more-link">more…[/url]</p>
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