Apple has offered to invest $100 million in Indonesia in exchange for lifting the ban on the iPhone 16.
According to Bloomberg, the American tech giant has made a new offer to the Indonesian government to lift the sales ban on the iPhone 16, under which Apple would invest $100 million in Indonesia over the next two years.
Last month, Indonesia’s Ministry of Industry imposed a ban on the sale of the iPhone 16 and urged Apple to focus on local production and research for its smartphones.
Previously, Bloomberg reported that Apple had offered an investment of $10 million, which would be used to set up a factory in Jakarta to produce components for Apple gadgets.
Apple has now increased its offer to $100 million, but the Indonesian government has not yet made a final decision.
It is worth noting that Indonesia had previously used similar tactics against TikTok’s parent company ByteDance, forcing them to invest $1.5 billion in the country.
