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Indonesia, Apple agree on terms to lift iPhone 16 ban: Bloomberg News

  • Indonesia and Apple have agreed to lift the ban on iPhone 16s, ending a five-month negotiation that increased Apple's promised investment to $1 billion.
  • The Ministry for Industry will sign a memorandum of agreement with Apple to allow iPhone 16 sales, aiming to boost local manufacturing.
  • Apple's investment will focus on training locals and establishing research and development facilities, satisfying government demands.
  • The deal provides Apple access to Indonesia's large market of 278 million consumers as sales in China have slowed.
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  • 55% of the sources are Center
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MacRumors broke the news in United States on Tuesday, February 25, 2025.
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