Indonesia rejects Apple's $100 million bid to lift the iPhone 16 ban

Indonesia's government has considered Apple's increased offer of $100 million of investment in the country, but reportedly wants more before it will lift its ban on the iPhone 16 range.Jakarta - Image credit: Tom Fisk/Pexels'Industry Minister Agus Gumiwang Kartasasmita held an internal meeting to discuss the proposal,' government spokesperson, Febri Hendri Antoni Arif, told local news agency Antara News. 'From the government's perspective, of course, we want this investment to be larger.'The issue concerns Indonesia's law that smartphones must contain at least 40% of locally manufactured components. This Domestic Content Level law can be assuaged by various methods including innovation development schemes, which Apple has previously preferred. Continue Reading on AppleInsider | Discuss on our Forums