Indonesia Demands $1 Billion Investment from Apple to Lift iPhone 16 Ban

The ban stems from Apple's failure to meet local content requirements, with the government expecting a commitment within a week.

Indonesia banned iPhone 16 sales in October 2024, citing non-compliance with the 40% local content rule for smartphones sold in the country.
Apple's initial offers of $10 million and $100 million in investments were rejected as insufficient by Indonesian authorities.
The government now requires a $1 billion investment from Apple, which it views as a first phase to create jobs and integrate Indonesia into Apple's supply chain.
Apple currently has no manufacturing facilities in Indonesia but operates developer academies that helped meet local content rules for older iPhone models.
Indonesia's 280 million population and growing market make it a key region for Apple, which has not yet commented on the new investment demand.