Apple to Offer Indonesia $1 Billion in Investment to Stop iPhone 16 Sales Ban

Apple allegedly agreed to invest $1 billion to reverse iPhone 16 ban, claims investment minister

If Apple’s alleged $1 billion investment is confirmed, it could set a new precedent for how the company navigates localisation demands in emerging markets. Indonesia’s policy has already prompted similar moves from other global tech firms

Indonesia expects Apple to invest $1 billion to get the iPhone 16 back on sale

Indonesia’s investment minister, Rosan Roeslani, said that the country is expecting $1 billion from Apple as an investment. It’s important to note that Indonesia has banned iPhone 16 sales locally because the smartphones must contain at least 40 percent locally-made parts. Apple doesn’t have any manufacturing facilities in Indonesia, so it cannot meet this requirement. Roeslani further said that Apple should invest even more in the future if it …

Apple offered Indonesia $10M then $100M, but it now expects $1B

Apple is known for playing hardball when it comes to negotiations, but it seems the Indonesian government is capable of giving as good as it gets. The country banned the sale of the iPhone 16, saying the Cupertino company hadn’t invested enough in the local economy. Apple responded by offering to increase its manufacturing spend from $10M to $100M, but Indonesia now says it expects a billion dollars – and it wants the investment agreed within a …

Indonesia says Apple to offer $1.34 billion to lift iPhone ban

If confirmed, that would be a tenfold increase from Apple’s last offer of US$100 million.

Apple to offer Indonesia $1 billion in investment, minister says

JAKARTA -- Indonesian Minister of Investment Rosan Roeslani has said tech giant Apple has expressed an intention to invest $1 billion in the country,

Indonesia says it expects $1 billion from Apple to lift iPhone 16 ban

A minister in Indonesia says the local government expects Apple to shortly offer $1 billion in investment, in order to end the country's ban on iPhone 16 sales.