Apple Is Inching Closer Towards Lifting The iPhone 16 Sales Ban In Indonesia, As The Country’s President has Approved The $1 Billion Investment Amount

Apple's $1 billion investment amount has been approved by the Indonesian President

The Indonesian government had previously rejected Apple’s investment amount of $10 million and $100 million, and stated that the iPhone 16 sales ban will not be lifted until that figure has some additional zeros in it. Sure enough, the Cupertino giant agreed to inject a whopping $1 billion into the region, with President Prabowo having approved the amount, according to the latest report. People familiar with the matter have said that Apple’s $1 billion investment amount will include an AirTag factory in Batam During a briefing that happened during the weekend, Bloomberg reports that President Prabowo was provided information related […]

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