Reported about 20 hours ago
An Apple executive, Nick Amman, departed Indonesia without securing a deal to lift the country’s iPhone 16 sales ban after conflicting signals from government officials halted the negotiations. Despite President Prabowo Subianto's earlier approval of Apple's $1 billion investment plan aimed at local manufacturing and educational support, Industry Minister Agus Gumiwang Kartasasmita insisted that Apple must comply with local production regulations before lifting the ban. The situation highlights the complexities global companies face in navigating local politics and manufacturing requirements in developing nations like Indonesia.
Source: YAHOO