Secretary General of the Ministry of Industry, Eko Cahyanto, said iPhone sales in Indonesia reached 2.3 million in 2023. Indonesia is one of the bigge

Indonesia wants a $1 billion investment from Apple to lift the iPhone 16 sales’ ban. Indonesia initially banned the sales of the iPhone 16 series because it requires products so

Indonesia halted smartphone sales, citing Apple’s failure to meet its rule requiring at least 40 per cent locally-made parts in devices sold domestically.

To lift the country's ban on sales of the iPhone 16 series, Indonesia wants Apple to invest $1 billion to build a supply chain.

While Apple still doesn’t have local plants to meet the 40 percent local content requirement, it does have application developer academies in Indonesia. That was why older iPhone models could be sold in the country. They remain on sale as of now, and there’s been no indication that Indonesia is looking to ban them currently.

Apple is known for playing hardball when it comes to negotiations, but it seems the Indonesian government is capable

The Indonesian government has said that this $1bn investment could cater to Indonesia's needs, provide a way for Apple to form a supply chain in the country, and create employment. In the first half of this year, the government turned down Apple's $100 million investment to set up an accessories and components plant, saying it was substandard.

Apple has significantly hiked its investment proposal to Indonesia and is now offering $1 billion in a bid to resolve the ongoing iPhone 16

Indonesia said that it has received an improved investment offer worth $1 billion from Apple Inc., in the tech giant’s latest bid to lift a ban on the sale of iPhone 16 devices in Southeast Asia’s largest economy.