financetom
Business
financetom
/
Business
/
Indonesia says Apple should soon be able to sell iPhone 16s
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Indonesia says Apple should soon be able to sell iPhone 16s
Feb 26, 2025 12:22 AM

JAKARTA, Feb 26 (Reuters) -

Apple ( AAPL ) will soon be able to sell its iPhone 16 phones in

Indonesia after the two sides agreed on a number of deals,

including a manufacturing plant and a research and development

centre, the industry minister said on Wednesday.

Apple ( AAPL ) will soon obtain a local content certificate,

which is needed for sales of the handset to be permitted, Agus

Gumiwang Kartasasmita told reporters.

He did not say when the certificate would be issued.

Last year,

Indonesia banned sales

of the iPhone 16 because it said Apple ( AAPL ) had not met the

required level of locally made parts for the phones to be sold

domestically. Companies can meet the domestic requirement

through local partnerships or by sourcing parts domestically.

Apple ( AAPL ) has no manufacturing facilities in Indonesia, a

country of about 280 million people, but since 2018 it has set

up a number of developer academies in the country.

Indonesia, the world's fourth most populous country of

280 million people, is keen for tech-related investment.

Analysts have said the local content ban could hurt

investor confidence and trigger protectionism concerns.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved