Apple Proposes $100 Million Investment to Lift Indonesia's iPhone 16 Ban

The tech giant aims to meet Indonesia's domestic content requirements to resume iPhone 16 sales.

Apple's new $100 million investment offer is a tenfold increase from its initial proposal of $10 million.
Indonesia blocked iPhone 16 sales due to Apple's failure to meet the 40% domestic content requirement.
The Indonesian government is pressing Apple to focus its investment on research and development within the country.
Apple's increased investment highlights the strategic importance of Indonesia's market, with its 278 million consumers.
The final decision on Apple's proposal by Indonesia's Ministry of Industry is still pending.