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Indonesia upholds iPhone 16 ban after Apple’s $1b offer

Indonesia has upheld its ban on iPhone 16 sales due to Apple’s failure to meet a regulation requiring that 40% of phone parts be sourced locally, officials announced on Wednesday.

The ban was first imposed in October 2024.

The regulation aims to encourage domestic investments from major technology companies.

Apple previously offered to increase its investments by US$100 million in November, but this proposal was rejected.

Despite the sales ban, approximately 9,000 iPhone 16 units have entered Indonesia through non-commercial means, according to government estimates.

Recent Apple developments

Timeline
08-Jan-2025 📉 Apple faces market pressures amid China, tariff risks
  • Apple shares drop amid weak iPhone sales, discounts
  • China competition and tariffs pressure investor sentiment
08-Jan-2025 🛠️ Apple to update AI summaries after misinformation concerns
  • Apple to update AI summaries after criticism
  • New measures to clarify AI-generated content
08-Jan-2025 📈 Apple names Kevan Parekh as new CFO
  • Kevan Parekh named CFO of Apple starting 2025
  • He succeeds Luca Maestri, part of leadership change
07-Jan-2025 🇮🇩 Apple to meet Indonesia on new investment proposal
  • Apple meets Indonesia to discuss iPhone 16 sales
  • New investment needed to meet local sourcing rules
06-Jan-2025 📉 Apple sales drop in China as Huawei rises

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