Indonesia kept a ban on the sale of Apple Inc.’s iPhone 16s, saying its $1 billion plan that includes building an AirTag factory is insufficient to meet local investment requirements.Domestic content rules require Apple to produce part of its smartphones or components onshore,

Indonesia has previously said it requires Apple to commit to new investments every three years and its last commitment, worth $10 million, ended in 2023. It is required to make a

Indonesia banned iPhone 16 sales after Apple failed to meet requirements that smartphones sold domestically should comprise at least 35 per cent locally-made parts. Min