Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, July 29
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Investing»iPhone 16 now banned in Indonesia over Apple’s unfulfilled investment commitments
    Investing

    iPhone 16 now banned in Indonesia over Apple’s unfulfilled investment commitments

    October 28, 20242 Mins Read


    iPhone 16 review roundup | All the colors shown

    Earlier this week, the Indonesian government has banned the sale and use of iPhone 16 models in the country, alongside other Apple products released this fall, including the Apple Watch Series 10. The ban occurred because Apple failed to meet some of its investment commitments in the country (via The Economic Times).

    This ban covers both the sale and operation of iPhone 16 models and extends to units already sold, creating issues for tourists. Industry Minister Gumiwang Kartasasmita stated the following:

    If there is an iPhone 16 that can operate in Indonesia, that means that I can say, the device is illegal. Do report it to us. 

    The reason for this ban is because the country would like to force Apple to fulfill its investment promises in the nation. Apple apparently pledged $109 million USD ($1.71 trillion rupiah) for investments in Indonesia’s infrastructure and local sourcing, but has come up short on their promise, at roughly $95 million USD ($1.48 trillion rupiah).

    Apple’s $14 million ($230 billion rupiah) shortcoming has prevented Indonesia’s Ministry of Industry from issuing the proper IMEI (international mobile equipment identity) certifications, which is required for the devices to be sold in the country. Minister Kartasasmita also commented:

    We, the Ministry of Industry, are yet to be able to issue permits for the iPhone 16 because there are still commitments that Apple must realise.

    The investments in Indonesia were because the Indonesian government mandates that foreign companies meet a 40% local content requirement to operate within the country. Apple had promised to set up research and development facilities within the country, referred to as Apple academies.

    It’s currently unclear whether or not Apple has a plan to move ahead from this sales ban.


    Follow Michael: X/Twitter, Threads, Instagram

    FTC: We use income earning auto affiliate links. More.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleCommodities sector heading for gains ahead of US elections
    Next Article China’s Property Market Catches Sunshine Amid Economic Recovery

    Related Posts

    Investing

    The FOMC Statement May Reveal More Than the Press Conference

    July 29, 2026
    Investing

    Nikkei 225 Outlook: AI Bulls Face Another Crucial Test

    July 29, 2026
    Investing

    Trump’s Tariffs Didn’t Improve the Deficit but Did Increase Consumer Costs

    July 28, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Bitcoin liquidity halves since September 2025, worsens in April 2026

    April 12, 2026
    Bitcoin

    Bitcoin Price Slides Toward $66k As Market Waits On Iran

    April 2, 2026
    Bitcoin

    13 Best Bitcoin Cloud Mining methods for 2025 — Easy, secure ways to start your Crypto investment journey

    January 13, 2026
    What's Hot

    Dubai property market enjoys bumper month as February sales hit AED51.1bln

    March 3, 2025

    Metaplanet Expands Bitcoin Holdings Again in Steady March Toward 2026 Goal

    July 27, 2025

    Property investor shares how to leave your job in 5 years with ‘simple £35 method’

    December 31, 2025
    Most Popular

    Benjamin Cowen Says Bitcoin Locked in Bearish Structure Unless This ‘Line in the Sand’ Is Crossed – Here’s His Outlook

    March 21, 2026

    Approbation de l’accord de trésorerie en bitcoin pour Trump Media

    June 13, 2025

    China confronts contradictions – Moneyweb

    October 29, 2025
    Editor's Picks

    Morgan Stanley Sets Bitcoin ETF Fee at Ultra-Low 0.14%

    March 28, 2026

    Why Bitcoin (BTC) Price Surged Above $60K?

    July 15, 2024

    China’s Home Prices Plunge Amid Economic Struggles, ETRealty

    November 14, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.