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.

The Indonesian government is pushing Apple for a higher investment than its recently proposed $100 million before it will consider lifting

Indonesia is set to assess a $100 million investment proposal from Apple Inc., as the American tech giant attempts to coax the government to unblock its sales ban on the iPhone 16.

The amount the U.S. tech giant has offered is 10 times higher than an initial plan to invest $10 million and will be invested over the next two years.

The Indonesian government expects Apple to invest more than $100 million into the country if it wants to sell its iPhone 16 in the growing market.

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.

Indonesia has set a rule that about 40% of the components of appliances imported into the country should be manufactured locally to promote local industries. Apple failed to meet this requirement, which saw iPhone 16 sales put on hold a few weeks after its launch in September.

Apple plans a $100 million investment in Indonesia to resolve the iPhone 16 sales ban. (REUTERS) Apple is taking significant steps to regain its foothold in Indonesia after facing a sales ban on its iPhone 16 series.

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

Apple has offered $100 million to Indonesia as part of an effort to lift a recent ban of the iPhone 16 in the country, as reported by The Wall Street Journal. The company has presented an investment plan that would use that $100 million to set up a manufacturing plant in the nation.