Just a heads up, if you buy something through our links, we may get a small share of the sale. It's one of the ways we keep the lights on here. Click here for more.Apple may have offered a new deal to the Indonesian government,

Apple is closing in on an investment plan deal with Indonesian authorities that would allow it to resume iPhone 16 sales in the country,

Apple has not been allowed to sell its iPhone 16 in one of the most important Asian markets. Now there is hope for a quick solution.

The iPhone 16 has been unavailable in Indonesia since October, when the government ruled that Apple hadn’t met its requirements that 40% of its components come from suppliers in the country. Since then, Apple has offered ever-increasing commitments to spend money on building new infrastructure, only to be rebuffed each time.

The Indonesian government has said that it expects its iPhone 16 ban to be lifted “within one or two weeks,” but has not explained the basis for this. The country’s investment minister issued only a rather strangely-worded and somewhat contradictory comment which implied that a deal was close …

Apple Inc. ( AAPL, Financials) is allegedly close to settling a spat with Indonesia that stopped importing its iPhone 16 series, therefore stopping sales of the product. Bloomberg reports that Indonesian authorities expect a settlement within weeks that would allay worries about the company's adherence to local investment rules.

Indonesia’s requirements for locally sourced components are stringent, with firms reportedly needing to produce 35% to 40% of a device’s components within the country. While Indonesia has allowed exceptions in the past,

Middle powers with rapidly growing economies feel they have more bargaining power than they once did – and some are not afraid to use it.

Hardball tactics resulted in Apple pledging to invest $US1 billion in Indonesia, after the sales of iPhone 16 smartphones were banned for not having enough locally manufactured components.

Indonesia is close to a deal with Apple Inc for an investment plan that could lift a ban on iPhone 16 sales in the country, investment minister Rosan Roeslani told Bloomberg News on Tuesday.

Indonesia is reportedly close to finalizing a deal with Apple Inc. (NASDAQ:AAPL) that could pave the way for the sale of the iPhone 16 in the country. According to Bloomberg News, Indonesias investment minister,