Apple's $100 Million Gamble, Tech Giant Moves to Lift Indonesia's iPhone Ban

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Apple initially offered $10 million to address the shortfall, but the Ministry of Industry deemed this insufficient, resulting in the ban’s continuation.

Earlier this year, Apple failed to meet Indonesia’s Domestic Content Level threshold, a prerequisite for certifying imported products like the iPhone 16, Firstpost reports.

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Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesChinaIndonesia

Topics: Emerging Markets Briefs US0378331005 GOOGL US38259P7069 Government Stories That Matter Tech AI Generated Benzinga Regulations GOOG AAPL Media US38259P5089 News Top Stories

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 18:33:07 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23703579

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