- December 22nd, 2024
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...