Stock Market News

Indonesia close to deal to lift Apple iPhone 16 ban, Bloomberg News reports

2025.01.22 00:51

(Reuters) – Indonesia is close to a deal with Apple Inc (NASDAQ:) 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.

“Hopefully within one or two weeks this issue can be resolved”, Roeslani told Bloomberg Television in Davos, Switzerland.

Apple did not immediately respond to a request for comment. The Indonesian government could not be reached for a comment.

© Reuters. A view of Apple iPhones displayed at an Apple Store at Grand Central Terminal in New York City, New York, U.S., October 16, 2024. REUTERS/Kent J. Edwards/File Photo

Last year, Indonesia banned sales of iPhone 16 after Apple failed to meet requirements that smartphones sold in the country should comprise at least 40% locally-made parts.

Apple has no manufacturing facilities in Indonesia, a country of about 280 million people, but has since 2018 set up application developer academies.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 95,934.70 0.57%
ethereum
Ethereum (ETH) $ 2,789.68 0.95%
xrp
XRP (XRP) $ 2.56 0.14%
tether
Tether (USDT) $ 1.00 0.01%
bnb
BNB (BNB) $ 651.30 2.50%
solana
Solana (SOL) $ 163.88 4.21%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.239138 2.37%
cardano
Cardano (ADA) $ 0.764867 0.99%
staked-ether
Lido Staked Ether (STETH) $ 2,784.25 0.96%
tron
TRON (TRX) $ 0.24492 2.80%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,968.71 0.33%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,340.35 0.81%
chainlink
Chainlink (LINK) $ 17.41 1.75%
sui
Sui (SUI) $ 3.38 1.62%
avalanche-2
Avalanche (AVAX) $ 24.43 5.11%
stellar
Stellar (XLM) $ 0.329464 0.65%
litecoin
Litecoin (LTC) $ 127.47 0.83%
the-open-network
Toncoin (TON) $ 3.76 0.34%
leo-token
LEO Token (LEO) $ 9.76 0.51%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 1.86%
hedera-hashgraph
Hedera (HBAR) $ 0.208857 2.72%
usds
USDS (USDS) $ 1.00 0.07%
mantra-dao
MANTRA (OM) $ 8.44 2.78%
weth
WETH (WETH) $ 2,787.61 0.77%
hyperliquid
Hyperliquid (HYPE) $ 22.72 6.88%
polkadot
Polkadot (DOT) $ 4.88 3.72%
bitcoin-cash
Bitcoin Cash (BCH) $ 323.99 0.66%
bitget-token
Bitget Token (BGB) $ 5.03 0.75%
ethena-usde
Ethena USDe (USDE) $ 0.999832 0.02%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,957.63 0.93%
uniswap
Uniswap (UNI) $ 8.90 1.44%
monero
Monero (XMR) $ 237.16 1.24%
near
NEAR Protocol (NEAR) $ 3.37 3.21%
whitebit
WhiteBIT Coin (WBT) $ 27.53 0.13%
pepe
Pepe (PEPE) $ 0.000009 3.44%
aave
Aave (AAVE) $ 244.72 0.78%
bittensor
Bittensor (TAO) $ 428.07 2.50%
ondo-finance
Ondo (ONDO) $ 1.11 3.31%
aptos
Aptos (APT) $ 5.95 1.85%
dai
Dai (DAI) $ 0.999912 0.01%
internet-computer
Internet Computer (ICP) $ 6.98 2.98%
official-trump
Official Trump (TRUMP) $ 15.85 3.02%
tokenize-xchange
Tokenize Xchange (TKX) $ 38.85 2.60%
ethereum-classic
Ethereum Classic (ETC) $ 20.41 0.62%
mantle
Mantle (MNT) $ 0.905636 1.17%
okb
OKB (OKB) $ 49.09 0.74%
gatechain-token
Gate (GT) $ 23.36 1.25%
susds
sUSDS (SUSDS) $ 1.04 0.14%
sonic-3
Sonic (prev. FTM) (S) $ 0.875723 6.96%