Indonesia says Apple’s $1 billion investment isn’t enough to lift iPhone 16 ban
The Indonesian government says it will not lift its ban on sales of the iPhone 16 despite Apple committing to $1 billion in manufacturing within the country.
Indonesia has long operated what’s called a local content mandate, meaning that devices sold there had to have 35%-40% of their components sourced within the country. For years, though, companies including Apple could seemingly get around that high bar by instead investing in development and jobs in the country, but not any more.
Following reports of a meeting between government officials and Apple executives, Reuters says that Minister Agus Gumiwang Kartasasmita has now confirmed reports that Apple has made a deal to invest $1 billion in a new facility.
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Source: AppleInsider News
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