TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Apple clears investment shortfall in Indonesia, yet iPhone 16 ban still stands
National Economic Council (DEN) member Mari Elka Pangestu noted that complaints from US multinationals could give Trump’s administration reason to review trade policies and ties with Indonesia.
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Apple iPhone 16 models are displayed following Apple's “It's Glowtime“ event in Cupertino, California, the United States, on Sept. 9, 2024. (AFP/Nic Coury)
A
pple Inc. has settled its investment shortfall tied to local content rules but the government has yet to lift a ban on the sale of the tech giant’s entire iPhone 16 lineup in Indonesia.
Its budget-friendly iPhone 16e will launch globally on Feb. 28 with pre-orders starting Feb. 21, but the ban on all iPhone 16 handsets still remains in place, an Apple representative told The Jakarta Post on Thursday.
Industry Minister Agus Gumiwang Kartasasmita said on Wednesday that Apple had settled the US$10 million investment commitment it owed to obtain a domestic component certificate for 2020-2023, which it required to maintain sales of its iPhone models in the country.
The payment was to address a gap in Apple’s Rp 1.7 trillion ($108 million) investment commitment that had led the Industry Ministry to ban the iPhone16 sales in Indonesia since late October last year.
“It’s done. They [Apple] have [paid] and we have received [the money],” said Agus, as quoted from state-owned agency Antara.
However, the payment does not mean the iPhone 16 can hit Indonesian shelves just yet.
The discussion over an investment package that could lift the sales ban was still ongoing, the minister said, reiterating that the country “must get its fair share of what Apple earns from the domestic market.”
