Apple and Indonesia Reach Agreement to End iPhone 16 Sales Ban

Reported about 7 hours ago

Apple and the Indonesian government have reached an agreement to lift the ban on iPhone 16 sales, resolving a five-month standoff that required Apple to increase its investment in the country to $1 billion. The deal includes commitments from Apple for local training and research development, aiming to enhance local manufacturing capabilities. This agreement comes as Indonesia seeks to strengthen its tech industry while providing Apple access to a significant consumer market amid slowing sales in China.

Source: YAHOO

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