Apple offers $100M to Indonesia to lift iPhone 16 ban, faces criticism over insufficient investment.

Apple offered $100 million to Indonesia to lift the sales ban on the iPhone 16, which was barred for not meeting the 40% local component requirement. The investment includes a research center and developer academy, but Indonesia's Industry Minister criticized it as unfair and insufficient compared to Apple’s investments in Vietnam. This move is part of the new president's strategy to push foreign firms to enhance local manufacturing.

November 25, 2024
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