Indonesia close to deal to raise Apple iPhone 16 | Inventory Information
(Reuters) – Indonesia is close to a deal with Apple Inc (NASDAQ:) for an investment plan that would raise a ban on iPhone 16 gross sales within the nation, investment minister Rosan Roeslani instructed Bloomberg Information on Tuesday.
“Hopefully within one or two weeks this issue can be resolved”, Roeslani instructed Bloomberg Tv in Davos, Switzerland.
Apple didn’t instantly reply to a request for remark. The Indonesian authorities couldn’t be reached for a remark.
Final yr, Indonesia banned gross sales of iPhone 16 after Apple failed to fulfill necessities that smartphones offered within the nation ought to comprise not less than 40% locally-made elements.
Apple has no manufacturing services in Indonesia, a nation of about 280 million people, however has since 2018 set up utility developer academies.
Keep up to date with the latest news within the stock markets! Our web site is your go-to source for cutting-edge financial news, stock trends, market insights, and updates on key investments. We offer each day updates to make sure you have entry to the freshest info on stock actions, industry efficiency, earnings experiences, and main market bulletins.
Discover how these trends are shaping the long run of the stock market! Go to us repeatedly for probably the most partaking and informative content material by clicking right here. Our fastidiously curated articles will keep you knowledgeable on market shifts, investment methods, stock evaluation, and pivotal moments within the financial world.
