Apple’s iPhone 16 series was recently banned in Indonesia due to unmet investment commitments. Initially, Apple pledged $107 million for local R&D but fell short. To lift the ban, Apple first offered a $10 million investment in a factory in Bandung. Now, the company plans to invest $100 million over two years, nearly matching its original pledge. The additional funds may include new assembly lines, potentially involving Foxconn.
Apple promises to invest $100 million in Indonesia to dodge the ban
