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flag Apple nears deal with Indonesia to lift iPhone 16 ban, plans AirTag factory investment.

flag Apple is nearing an agreement with Indonesia to end the ban on iPhone 16 sales after President Prabowo Subianto approved a $1 billion investment offer. flag The investment includes plans to set up an AirTag factory in Batam, aiming to employ 1,000 workers and produce 20% of global AirTags. flag The deal could help Apple diversify its manufacturing away from China, but may also discourage other companies due to the government's strict regulations.

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