Indonesia upholds iPhone 16 sales ban despite Apple’s $1 billion offer

Despite Apple’s commitment to invest $1 billion in Indonesia, the country upheld its ban on iPhone 16 sales on Wednesday due to a negotiation impasse over Apple’s failure to meet domestic market requirements.
AFP:‎Indonesia in October prohibited the marketing and sale of the iPhone 16 model over Apple’s failure to meet local investment regulations requiring that 40 percent of phones be made from local parts as the country seeks to boost investments from giant tech companie