Apple has significantly raised its proposed investment in Indonesia to $100 million, a tenfold increase from its initial $10 million

Apple has responded to an iPhone 16 ban in Indonesia by offering a ten-fold boost to its manufacturing investments in the country. The Indonesian government responded aggressively when Cupertino company fell a little way short of its promised spend in the ...

Indonesia hasn't budged on Apple's $10 million investment offer to lift an iPhone 16 sales ban, so the company has reportedly increased its offer to $100 million.

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.

Apple Inc. has increased its offer to invest in Indonesia by almost tenfold, according to people familiar with the matter, in the US tech giant’s latest bid to persuade the government to lift its sales ban on the iPhone 16.

Indonesia demands that smartphones sold in the country are made from at least 40% domestically manufactured materials.

Apple (AAPL) has offered to invest about $100M in Indonesia over two years to reverse the ban on iPhone 16 sales in the country. Read more details here.