Indonesia has reportedly reached an agreement with Apple to lift the iPhone 16 sales ban after Apple committed to a $1 billion investment. The deal includes building two new facilities—one in Bandung for accessories and another in Batam for AirTags.
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The ban was imposed in 2024 over Apple’s failure to meet Indonesia’s 40% local content requirement. With this investment, Apple aims to strengthen its supply chain and expand its presence in the growing Indonesian market.