Indonesia has imposed a ban on the sale of Apple’s latest iPhone 16 models due to the company’s failure to meet local investment requirements. The Indonesian Ministry of Industry stated that Apple’s local subsidiary, PT Apple Indonesia, “has not fulfilled its investment commitment,” which is a prerequisite for selling the new iPhone model in the country. Kimberley Kao for The Wall Street Journal:
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Monday, October 28, 2024
Apple iPhone 16 sales banned in Indonesia over local investment issue
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