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International Business Times

Business

Ann Resuma

Indonesia Blocks Sale Of iPhone 16 For Failing To Meet Investment Requirements

Indonesia Apple

Indonesia has blocked the sale of Apple's iPhone 16 in the country after the tech giant allegedly failed to comply with certain investment requirements.

The iPhone 16, which was launched in September, would not end up being sold in the Southeast Asian country since the local PT Apple Indonesia was not able to fulfill the 40% domestic content requirement of the country for tablets and smartphones, WSJ reported.

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Top stories on inkl right now

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The union representing flight attendants has raised safety concerns about President Donald Trump's proposed triumphal arch near Ronald Reagan Washington National Airport

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Appeals court reverses convictions in kidnapping and terrorism case involving 3-year-old boy's death

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