Indonesia has stopped the sale of the iPhone 16, as Apple failed to meet a domestic content requirement for smartphones and tablets. Kartasasmita noted that Apple's current IDR 1.5 trillion investment in Indonesia is lower than the IDR 1.

Indonesia is set to assess a $100 million investment proposal from Apple Inc., as the American tech giant attempts to coax the government to unblock 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

Indonesia's government has considered Apple's increased offer of $100 million of investment in the country, but reportedly wants more before it will lift its ban on the iPhone 16 range.

The amount the U.S. tech giant has offered is 10 times higher than an initial plan to invest $10 million and will be invested over the next two years.

Indonesia has rejected an Apple $100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the "fairness" required by the government.

Indonesia has rejected Apple’s ($AAPL) $100 million investment proposal, deeming it insufficient to lift the ban on the iPhone 16. Investors

Industry minister says proposal did not meet ‘principles of fairness’, in contrast to other bigger investments in neighbouring countries.

Wants Cook to look under the couch again and find at least another $15 million Indonesia's Ministry of Industry has snubbed Apple's proposal to invest 1.6 trillion Rupiah ($100 million) in an iPhone accessory and component factory,