- January 21st, 2025
Indonesia has reaffirmed its ban on iPhone 16 sales, citing Apple’s inability to comply with stringent domestic market regulations, despite the tech giant’s $1 billion pledge to invest in the Southeast Asian nation. The announcement on Wednesday (Jan 8) came...
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...
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...