Apple can't sell the new iPhone in the world's 4th most populous country
Briefly

The Indonesian government has blocked Apple from selling its iPhone 16 due to failure to meet the local regulation that mandates 40% of components come from domestic producers.
Apple's investment of Rp1.5 trillion ($95 million) falls short of meeting the government's requirement of Rp1.7 trillion, which has hindered the certification of iPhone 16 for sale.
While Apple has developed four academies and is exploring local manufacturing, the company's sales in Indonesia remain limited despite a growth in its premium smartphone market share.
The Ministry of Industry's enforcement means that while iPhone 16 units circulate illegally, older models are unaffected, and personal usage for visitors is still permitted.
Read at www.businessinsider.com
[
|
]