While Apple still doesn’t have local plants to meet the 40 percent local content requirement, it does have application developer academies in Indonesia. That was why older iPhone models could be sold in the country. They remain on sale as of now, and there’s been no indication that Indonesia is looking to ban them currently.

Apple has significantly hiked its investment proposal to Indonesia and is now offering $1 billion in a bid to resolve the ongoing iPhone 16

Indonesia has reportedly received an increased investment offer of $1 billion from Apple (NASDAQ:AAPL), as the tech giant looks to reverse the ban on iPhone 16 sales in the country. The country and the tech company have said to have settled upon the number as a “first phase” of outlay,

Indonesia said that it has received an improved investment offer worth $1 billion from Apple Inc., in the tech giant s latest bid to lift a ban on

As you probably know, the fourth most populous country in the world (that's just another way of saying Indonesia) has recently said "No!" to Apple, when all Apple wanted to do was sell its latest iPhone 16 in Indonesia.

Apple Inc could invest $1 billion in Indonesia in a week, Reuters cites investment minister. Indonesia plans to raise investment criteria.

Investment Minister Rosan Roeslani announced that Apple has committed to an initial investment of $1 billion in Indonesia

Apple has significantly increased its investment offer to the Indonesian government, and is now offering a $1 billion investment for research and development facilities and developer academies.

Indonesia's government has considered Apple's increased offer of $100 million of investment in the country, but reportedly wants more before it will lift its ban on the iPhone 16 range.