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Apple offers $100 million investment to Indonesian government to lift iPhone 16 ban

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Apple has reportedly revised its investment offer to the Indonesian government to unban iPhone 16 sales.
Last month, the Indonesian government imposed a ban on iPhone 16 sales in the country after Apple failed to meet the promised investment targets. Apple pledged to invest around $109 million (roughly 1.7 trillion rupiah) in infrastructure and local sourcing facilities in Indonesia. However, the company fell short by $14 million, having invested only $95 million (approximately 1.5 trillion rupiah) so far, leading to the ban.
Subsequently, it came to light that Apple was discussing a $10 million (roughly 158 billion rupiah) investment plan to uplift the iPhone 16 sales ban. The proposed investment was expected to be used towards setting up a new Apple factory in partnership with its suppliers.

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