Apple plans to invest $100 million in Indonesia to lift a ban on its latest products, including the iPhone 16, due to a local content requirement. This move aims to boost local manufacturing and comply with Indonesian regulations.

Apple highlights its commitment toIndonesia'stechmarketbyproposing a $100 million investment to overturnthe county's iPhone 16ban.

Apple Inc. has increased its offer to invest in Indonesia by almost tenfold, according to people familiar with the matter, in the US tech giant's latest bid to persuade the government to lift its sales ban on the iPhone 16.

Apple has significantly raised its proposed investment in Indonesia to $100 million, a tenfold increase from its initial $10 million offer...

Earlier this month it was $10 million, so this a significant boost. Last month the iPhone 16 series got banned in Indonesia, because of Apple having...