Apple Inc.

Apple Boosts Investment Proposal in Indonesia as iPhone 16 Sales Ban Looms

Apple Inc. has significantly increased its proposed investment in Indonesia, nearly tenfold, as the US technology giant attempts to overturn a government ban on the sale of its iPhone 16, according to sources familiar with the matter. The enhanced proposal...
iPhone 16

Indonesia’s Ban on iPhone 16: How Misdirected Policies Are Eroding Foreign Investor Confidence

Despite a nationwide ban on Apple’s iPhone 16, investors barely batted an eye. Indonesia’s decision came after Apple failed to meet local investment requirements, underscoring a mismatch in priorities between the world’s fourth-most populous nation and the world’s most valuable...