Indonesia has turned down Apple's (AAPL, Financial) $100 million investment plan to lift the ban on the iPhone 16. The Ministry of Industry revealed that Apple's offer fails to meet local content ...
JAKARTA -- Indonesia has rejected Apple's recent proposal to invest $100 million in the country and kept its ban on iPhone 16 sales in the country. At the heart of the problem is Indonesia's ...
Indonesia's Ministry of Industry has snubbed Apple's proposal to invest 1.6 trillion Rupiah ($100 million) in an iPhone accessory and component factory, saying it's not enough to justify lifting a ban ...