Apple proposes 100 million investment to lift Indonesia iPhone 16 sales ban

Apple Inc. has increased its investment proposal to the Indonesian government to nearly $100 million in order to lift the sales ban on the iPhone 16.

Sources familiar with the negotiations indicate that Apple"s enhanced proposal is part of a strategic effort to persuade Indonesian authorities to reconsider the ban on its latest smartphone model.

The investment is expected to span over two years, reflecting Apple"s commitment to expanding its presence in Southeast Asia"s largest economy.

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