Apple Cannot Sell iPhone 16 in Indonesia As Investment Targets Missed by $15M
Apple Cannot Sell iPhone 16 in Indonesia As Investment Targets Missed by $15M
Indonesia has halted the sale of Apple’s latest iPhone 16 series due to the company’s failure to meet local content regulations and investment commitments. The decision, announced by Minister of Industry Agus Gumiwang Kartasasmita on October 8, 2024, originates from Apple’s incomplete investment obligations and an expired domestic component level (TKDN) certification. According to Minister […]
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