Indonesia's government has expressed dissatisfaction with Apple Inc.'s proposed $100 million investment in the country, stating that further negotiations are needed before the ban on domestic iPhone 16 sales can be lifted.

The Industry Minister has indicated that the investment offer is not considered fair when compared to Apple's investments in other countries. This suggests that Jakarta is seeking a more substantial commitment from the tech giant, highlighting the disparity in investment levels.

This development could potentially affect the timeline for the release of the iPhone 16 in the Indonesian market as Apple seeks to expand its presence in this important region.