Indonesian government expects Apple to invest more than $100M to bypas iPhone 16 ban

The iPhone 16 series was banned in Indonesia last month due to Apple's unmet investment commitments to the country. Cupertino responded with a pledge to invest $10 million, followed by a second promise to bump up the figure by an extra $100 million which would meet the initially committed sum of IDR 1.71 trillion ($109 million) in local R&D facilities. It seems Apple’s increased investment commitments are still insufficient. Indonesia's Industry Ministry reportedly declined Apple’s offer at an internal meeting headlined by Minister Agus Gumiwang Kartasasmita. Per a spokesperson, the...

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