Apple offers $100M investment in Indonesia to lift iPhone 16 sales ban, focusing on local R&D.

Apple is offering to invest nearly $100 million in Indonesia to lift a sales ban on the iPhone 16. The ban was imposed because Apple failed to meet a requirement that 40% of smartphone components be sourced locally. The Indonesian government wants Apple to focus more on research and development within the country. If approved, the investment could help Apple regain access to Indonesia's large consumer market.

November 19, 2024
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