Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says-March 2024-www.financetom.com

Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says

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Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says

Jan 7, 2025 11:42 PM

JAKARTA, Jan 8 (Reuters) - Apple ( AAPL ) still cannot

sell its iPhone 16 in Indonesia despite striking a deal to build

a local production facility, as it has not met domestic content

rules, the industry minister said on Wednesday.

Last year, Indonesia banned iPhone 16 sales after Apple ( AAPL )

failed to meet requirements that smartphones sold domestically

should comprise at least 35% locally-made parts.

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