Wednesday, August 6, 2025

Apple close to deal to lift Indonesian iPhone ban, minister says

Date:

Indonesia is close to a deal with Apple Inc over an investment plan that would lift a ban on iPhone 16 sales in the country, according to a government minister.

Southeast Asia’s largest country banned the sale of the new device in October, saying Apple had failed to comply with domestic manufacturing requirements for smartphones and tablets. The company has been in discussions with the government over an investment package that would lift the restrictions.

“I strongly believe it will resolve very, very soon,” Investment Minister Rosan Roeslani said in an interview with Bloomberg Television in Davos on Tuesday. “Hopefully within one or two weeks, this issue can be resolved.”
Apple’s latest $1 billion offer for one of its suppliers to set up a plant to produce airtags in the country was rejected by the Minister for Industry Agus Gumiwang Kartasasmita, Bloomberg reported in January. He told Apple’s vice-president for global affairs Nick Amman and the Apple delegation that the US company needed to fulfil a local regulation that requires it to make part of its iPhone, or the iPhone’s components, onshore.

“The way they calculate it is different I think,” Roeslani said, referring to the local content requirement. “Now they find a solution on that one, so hopefully they accept the discrepancies so we can have the iPhone 16 sold in Indonesia.”

Also Read: Indonesia bans sales of Google phones days after blocking Apple’s iPhone 16

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Paytm bulk deal: Societe Generale buys over 67 lakh shares worth Rs 720 crore in One 97 Communications

French banking behemoth Societe Generale bought over 67 lakh...

‘Quick 10-15% correction would be healthy for the market’: Macquarie’s Sandeep Bhatia

Sandeep Bhatia, Managing Director and Head of Equity –...

5 critical mistakes to avoid when taking an instant personal loan

Instant personal loans are nothing but unsecured credit products...

Bharti Airtel’s Q1 Net Profit Jumps 57% To Rs 7,421.8 Cr, Revenue Rises 28% | Economy News

Mumbai: भारती एयरटेल लिमिटेड ने मंगलवार को मौजूदा वित्तीय...