Apple’s latest iPhone 16 lineup has been banned in Indonesia due to the company’s alleged lack of investment in the country. The Indonesian government is demanding that Apple inject $1 billion into the region, significantly higher than the initial proposal of $10 million. According to Investment Minister Rosan Roeslani, if Apple benefits from iPhone sales in Indonesia, it must also invest in creating jobs.
The ban, which took effect in October 2024, has impacted Apple’s sales prospects for this year and next. The company attempted to appease the government with higher investment amounts but failed to meet the demands. With Indonesia shipping over 2.9 million iPhone units in 2023, a significant portion of these sales are believed to be from the banned products.
Apple may view Indonesia as a potential manufacturing base, similar to India and Vietnam, which could benefit the company’s future growth. However, the government has warned that if Apple fails to invest $1 billion within a week, there will be no repercussions outlined. The development highlights Apple’s interest in resuming iPhone 16 sales globally and potentially securing concessions from the Indonesian government.
Source: https://wccftech.com/apple-must-invest-1-billion-in-indonesia-to-lift-iphone-16-ban