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Indonesia agrees to lift iPhone 16 ban after $1b deal

Indonesia has agreed to lift its five-month ban on the iPhone 16 following a deal with Apple.

The ban was imposed in October 2024 after Apple failed to meet domestic manufacturing requirements.

Under the new agreement, Apple will invest US$1 billion in Indonesia, a significant increase from its previous US$95 million investment.

This deal supports Indonesia’s push for local manufacturing and foreign investment.

With the ban lifted, Apple can reenter Indonesia’s market of over 278 million people, many of whom are tech-savvy.

This move comes as Apple faces slower sales growth in China, making Southeast Asia a key expansion opportunity.

Recent Apple developments

Timeline
26-Feb-2025 📱 Apple to launch foldable device in 2026
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  • Samsung Display to supply key components for device.
26-Feb-2025 🌍 Apple shareholders vote to keep DEI initiatives
  • Apple shareholders reject DEI termination proposal.
  • CEO hints at future DEI modifications amid changes.
25-Feb-2025 📱 Apple, Indonesia said to agree to end iPhone 16 sales ban
  • Apple lifts iPhone 16 ban with Indonesia agreement.
  • Investment includes $1B for local R&D projects.
25-Feb-2025 🇺🇸 Apple unveils $500b US investment over 4 years
  • Apple invests $500B in US operations by 2026.
  • New Houston factory for AI servers; 20,000 jobs added.

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