Indonesian deputy industry minister Warsito Ignatius says that Taiwan firm Pegatron has signed a letter of intent stating that the company will invest between $695 million and $1 billion in local factories to build Apple devices.
Apple CEO Tim Cook has announced Apple is donating $1 million to help relief efforts taking place in Indonesia after the recent earthquake and tsunami, in a continuation of the iPhone producer's charitable efforts following major disasters over the years.
Apple has partnered with Lazada, owned by Alibaba, to bring official online sales of its products to several southeast Asian countries: Indonesia, Thailand, the Philippines, Singapore, Malaysia, and Vietnam.
Apple is on track to resume iPhone sales in Indonesia toward the end of the month, a report said on Friday, following a roughly two-year period during which sourcing requirements kept the device off the local market.
Apple is turning to manufacturing partner Foxconn to facilitate efforts to expand both research centers and business further into Southeast Asia, and open up facilities in China and Indonesia, according to recent reports.