Apple has been banned from selling the iPhone 16 in Indonesia after the government stated it failed to meet local investment requirements, including sourcing 40% of its components locally.
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00:00Apple has been banned from selling the iPhone 16 in Indonesia after the government said
00:05it failed to meet local investment requirements.
00:08Apple was required to source 40 percent of its components locally and make a certain
00:13investment in the country.
00:14It had previously committed to investing just over 107 million U.S. dollars, but only invested
00:20around 95 million.
00:22As a result, Indonesia's government hasn't certified Apple to sell the iPhone 16 in the
00:26country.