Indonesia Nears Deal with Apple to Lift IPhone 16 Sales Ban

Indonesia is reportedly close to securing an investment agreement with Apple that will lift the ban on iPhone 16 sales in the country.

The ban was imposed in October due to Apple's alleged non-compliance with domestic manufacturing requirements for smartphones and tablets. The company has since been in discussions with the government to resolve the issue.

Investment Minister Rosan Roeslani believes a deal will be reached soon, potentially within the next one or two weeks.

Apple's previous offer to invest $1 billion in an airtag production facility was rejected by Industry Minister Agus Gumiwang Kartasasmita. The company was reportedly required to fulfill a local content requirement that mandates the production of iPhone components in Indonesia.

Roeslani acknowledged discrepancies in the interpretation of the local content requirement. However, he expressed optimism that Apple will accept these differences to facilitate the sale of the iPhone 16 in Indonesia.