Indonesia Demands Higher Investment from Apple for iPhone Market Access
Indonesia is pressing Apple to increase its proposed $100 million investment package as the tech giant seeks approval to sell new iPhones. The government wants Apple to expand beyond plans for R&D facilities and AirPods manufacturing to boost local industry development.
TSMC Invests in High-NA EUV Systems to Lead Next-Generation Chip Manufacturing
TSMC is making a strategic investment in advanced high-NA EUV lithography systems from ASML, with the first EXE:5000 system expected by late 2024. This $384 million per-unit investment aims to enable 1.4nm chip production by 2027, cementing TSMC's dominance in cutting-edge semiconductor manufacturing.
Apple Proposes $10 Million Factory Investment to Lift Indonesia's iPhone Ban
Apple offers to invest $10 million in a new factory in Indonesia to overturn the country's ban on iPhone 16 sales. The move aims to meet local content requirements and regain access to Indonesia's lucrative market of 278 million consumers.
Apple Shifts Gears: Boosts iPhone Production in India
Apple is ramping up iPhone production in India, signaling a strategic move away from its heavy reliance on China. This shift aims to diversify the supply chain, mitigate risks, and tap into India's growing market and manufacturing potential.