Apple to increase Indonesia investment tenfold to appeal iPhone 16 ban

By news@appleinsider.com (Wesley Hilliard) Indonesia hasn’t budged on Apple’s $10 million investment offer to lift an iPhone 16 sales ban, so the company has reportedly increased its offer to $100 million.iPhone 16 has been banned from sale in IndonesiaIndonesia Ministry of Industry blocked Apple’s ability to sell the iPhone 16 in the country after falling short of a $109.6 million commitment to invest. Apple reportedly offered an additional $10 million investment on November 5, but that appears to have not been enough to get the sales ban lifted.According to a report from Bloomberg, Apple has allegedly offered to invest almost $100 million into Indonesia over the next two years. The Ministry of Industry hasn’t made a decision yet, but it is reportedly demanding Apple rethink its investment plans to focus on R&D. Continue Reading on AppleInsider | Discuss on our Forums

Source:: Apple Insider