Indonesia bans sale of iPhone 16, Apple Watch 10 over investment dispute
The Peninsula
Doha, Qatar: Indonesia has officially banned the sale of Apple s iPhone 16 and Apple Watch 10. This decision comes after Apple failed to meet speci...
Doha, Qatar: Indonesia has officially banned the sale of Apple’s iPhone 16 and Apple Watch 10.
This decision comes after Apple failed to meet specific local investment regulations, according to an announcement from the country’s industry ministry.
Apple, which enjoys widespread popularity across Asia, faced roadblocks in Indonesia due to an investment regulation that mandates 40% of a product’s components be sourced domestically.
While Apple had pledged to invest 1.7 trillion rupiah ($113 million) in the country, recent reports reveal it has only fulfilled 1.5 trillion rupiah of this commitment.
This shortfall has led to Apple’s inability to secure the necessary certification for its latest products.
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